Standard deduction eligibility.

Authors: Representative Cherrish Pryor

Co-authors: Representative Milo Smith, Representative Gregory Porter, Representative Peggy Mayfield

Sponsors: Senator Brandt Hershman, Senator Greg Walker

Co-Sponsors: Senator Lonnie Randolph

Digest

Specifies that, to be eligible for a homestead deduction for property that an individual is buying under contract, the contract must obligate the owner to convey title to the individual upon completion of all of the individual's contract obligations.