Creates a full property tax exemption for homeowners age 75+ on their main home, with no income limit. Starts with 2026 taxes. Seniors can move and keep the break on a new home. If they enter long-term care, the break can continue if a spouse, partner, or dependent lives there, or if rent pays care costs. Only one home can qualify. Lowers housing costs and helps seniors stay housed, but may reduce local revenue and shift costs to other taxpayers.
Vote Yes on this bill if you want all homeowners age 75 and older to receive a full property tax exemption on their primary home starting in 2026, with the benefit transferable to a new home and protected during long-term care.
Organizations that support this bill may include AARP state chapters, senior and aging-in-place advocates, homeowner associations, and taxpayer groups that favor property tax cuts.
Vote No on this bill if you want to avoid local revenue losses for schools and services, prevent shifting taxes to other residents and renters, or prefer targeted, income-based relief instead of a universal age-based break.
Organizations that oppose this bill may include city and county associations, school boards and education advocates, public employee unions, budget watchdogs, and renter or housing equity groups concerned about tax shifts.