Expands eligibility for homestead property tax refunds to include renters.
Expands the homestead property tax refund act to include homestead renters as eligible participants. Homestead renters can now claim refunds for property taxes accrued on their rented homes. The bill amends definitions and provisions to accommodate both homeowners and renters in the homestead property tax refund process. Homestead renters must provide proof of occupancy and payment of rent to qualify for the refund. The bill also adjusts the calculation method for determining the amount of property taxes accrued for renters.
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