Vote Smart's Synopsis:

Vote to pass a bill that exempts property used for host homes from property tax requirements.

Highlights:

• Exempts real property from ad valorem taxation if such property was used as host home for unhoused youth for at least 180 days in previous calendar year (Page 8).

• Requires home owners to provide evidence of eligibility for tax exemption (Page 8).

• Requires refund of ad valorem taxes if such taxes “[p]aid as a result of mistake, inadvertance, or lack of knowledge by any person exempted from paying real property taxes pursuant to section 3 of this act” (Page 10).

• Specifies Act application to taxes levied in 2024 and thereafter (Page 11).

• Establishes effective date of January 1, 2023 (Page 11).

Full Bill Text