HB5956 Summary

• Amends the Property Tax Code to eliminate the requirement for senior citizens homestead exemption reapplication in counties with fewer than 3,000,000 inhabitants.

• Changes the reapplication provision from optional (county board discretion) to mandatory, requiring persons granted the exemption to not reapply once approved.

• Maintains existing requirement that taxpayers in counties with 3,000,000 or more inhabitants must reapply annually for the exemption.

• Preserves the senior citizens homestead exemption benefit of up to $5,000 maximum reduction in property value for eligible persons 65 years or older.

• Takes effect immediately upon becoming law.