|
The bill includes
a General Fund appropriation to the Department of Administrative and
Financial Services of $102,211,052 in fiscal year 2021-22 and $136,601,077 in
fiscal year 2022-23 to increase the homestead property tax exemption from
$25,000 to $50,000 and the reimbursement rate from 70% to 85% beginning April
1, 2021. |