House Bill 1019 doubles the amount of the statewide homestead exemption from $2,000.00 to $4,000.00 provided the property owner lives in the home as their primary residence. A statewide election would be held to approve or reject the homestead exemption. If approved by voters, the bill would become effective on January 1, 2025.

Amendment

HB 1019 is amended to increase the amount of the statewide homestead exemption from $2,000.00 to $10,000.00 provided the property owner lives in the home as their primary residence.