HB3471 amends the Property Tax Code to extend erroneous homestead exemption provisions to low-income senior citizens in counties with less than.
HB3471 amends the Property Tax Code to apply provisions concerning erroneous homestead exemptions to persons who received an erroneous low-income senior citizens assessment freeze homestead exemption in counties with less than 3,000,000 inhabitants. The bill specifies that if a taxpayer receives an erroneous homestead exemption, they may be charged interest and penalties. It also outlines procedures for notice, hearings, and liens related to erroneous exemptions. Effective immediately upon becoming law.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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