SB4 — Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against certain losses in local revenue.

SB4 — Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against certain losses in local revenue. · Informed CitizenrySB 4 proposes to increase the residence homestead exemption from school district ad valorem taxation from $100,000 to $140,000. The bill includes provisions to protect school districts from revenue…Open in Informed Citizenry