HB2431 Summary

• Amends the Property Tax Code to exempt seniors aged 70 and older from reapplying for the Senior Citizens Assessment Freeze Homestead Exemption if they qualified in the previous taxable year.

• Makes the same reapplication exemption apply to the Senior Citizens Homestead Exemption for persons turning 70 or older during the taxable year who qualified the prior year.

• Eliminates the annual reapplication requirement for qualifying seniors in both exemption programs, streamlining the administrative process.

• Takes effect immediately upon becoming law.