Fiscal Note

HB0078 - Property Tax Deferral - Senior Citizens

State Impact:
Enactment of this bill will not require additional appropriations.

Individual, Business and/or Local Impact:
Enactment of this bill could lead to a shift in burden among property taxpayers. The shift will be dependent upon the number of taxpayers over 70 who apply for a deferral. For each 25 percent who defer taxes there is a potential shift of approximately $13,500,000.

1/8/2007, 4:42:52 PM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst