Relating to the authority of a taxing unit other than a school district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

HB 670 allows counties, municipalities, and junior college districts (not school districts) to set a permanent cap on property taxes for disabled or elderly homeowners (65+). It requires these taxing units to freeze the total annual tax amount on a qualifying home at the level paid in the first year the homeowner qualified for the exemption. The cap prevents future tax increases above that initial amount, even if property values rise, and applies to surviving spouses of eligible homeowners. This bill directly affects homeowners aged 65+ or with disabilities who own their primary residence in participating taxing units.