HB5136 Summary

• Exempts seniors age 70 and older from having to reapply annually for Senior Citizens Assessment Freeze Homestead Exemption or Senior Citizens Homestead Exemption if they qualified in the previous taxable year.

• Applies to both counties with 3,000,000 or more inhabitants and counties with fewer than 3,000,000 inhabitants.

• Streamlines the exemption process by eliminating annual reapplication requirements for qualifying seniors who turn 70 during the taxable year.

• Takes effect immediately upon becoming law.