Monday, March 2, 2009
Homestead Exemption Bill Faces Deadline
SB 2300, which would raise the homestead exemption from $75,000 to $100,000 for those individuals who are 65 or older or disabled, faces a crucial committee deadline tomorrow. The bill is currently in the Ways & Means Committee. The committee has until 8 p.m. tomorrow to pass the bill as it is or amend it and pass it out so that it will at least make the House calendar. That would give it a shot of being passed and going to conference committee.