SB974 — Property taxation: change in ownership: generational transfers: special needs trusts.

SB974 — Property taxation: change in ownership: generational transfers: special needs trusts. · Informed CitizenrySB 974 amends Section 63.2 of the Revenue and Taxation Code to update property tax exclusions related to generational transfers of principal residences or family farms. The bill explicitly revises…Open in Informed Citizenry