SB 52 (Property Tax Deferral Modifications)

Libertas Institute supports this bill.

This bill allows a senior to request that the county defer their property taxes. Instead of paying each year, the homeowner has a lien placed on their home and the property taxes come due (with interest) whenever the home is sold or ownership is transferred.

Libertas supports this bill as it allows seniors to stay in the home they worked so hard to purchase and pay off.