Bill Title: Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the rate of interest for taxes deferred on or after the effective date is equal to the most recent yield on a 30-year treasury bond as of the date the taxes were deferred, but not to exceed 6% per year (currently, the rate is 6% per year). Effective immediately.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2015-03-31 - Added Co-Sponsor Rep. Linda Chapa LaVia [HB1439 Detail]

Text: Latest bill text (Introduced) [HTML]

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