To provide property tax exemptions and deferrals for senior citizens and persons retired for reasons of physical disability. The bill increases the amount of disposable income a senior citizen or physical disabled retired person can have while still qualifying for these exemptions and deferrals. Several different income level scenarios are listed in the bill.   Official Text and Analysis.

By Senator Zarelli. He testified that this removes a health care burden on the state. It helps seniors stay in their homes rather than moving into institutions. They are on fixed incomes that do not grow.

By Jim Justin, AWC. He testified that there is a net loss to local government.
Testimony against: none offered.

To provide property tax exemptions and deferrals for senior citizens and persons retired for reasons of physical disability.

The bill did not pass both chambers during the 2003 regular session, so the bill automatically returned to the Senate Rules Committee when the regular 105-day session adjourned on April 27, 2003.

And active in the 2004 legislative session.

The Senate concurred in House amendments.

To provide property tax exemptions and deferrals for senior citizens and persons retired for reasons of physical disability.