Expands the assessment exemption for living quarters for parent or grandparent to include those constructed before the effective date of the.

This bill amends the real property tax law to expand the assessment exemption for living quarters for parent or grandparent. It now includes living quarters constructed or reconstructed before the effective date of the section providing such exemption. This change applies during taxable years when at least one parent or grandparent maintains a primary place of residence in such living quarters.

Expands the assessment exemption for living quarters for parent or grandparent to include those constructed before the effective date of the.

This bill amends the real property tax law to expand the assessment exemption for living quarters for parent or grandparent. It now includes living quarters constructed or reconstructed before the effective date of the section providing such exemption. This change applies during taxable years when at least one parent or grandparent maintains a primary place of residence in such living quarters.