Standard deduction for homesteads.

Authors: Senator Patricia Miller, Senator Brandt Hershman

Co-authors: Senator John Broden, Senator Dennis Kruse

Sponsors: Representative Timothy Brown

Co-Sponsors: Representative Cherrish Pryor

Digest

Provides that after December 31, 2015, if more than one individual or entity qualifies property as a homestead for an assessment date, only one standard deduction from the assessed value of the homestead may be applied for the assessment date.