BILL · 2007–08 SESSION
SB 5866: Homestead exemption
Increasing the homestead exemption amount.
Summary
- The homestead exemption amount cannot exceed the lesser of: (1) the total net value of the lands, mobile home, improvements and other personal property; or (2) the sum of $125,000 in the case of lands, mobile home, and improvements.
From the Senate Bill Report (SB 5866), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedFeb 5, 2007
- Out of committeeFeb 28, 2007
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Adam Kline (D-37)
- Introduced
- February 5, 2007 in the Senate
- Last action
- January 14, 2008
- Companion bill
- HB 1805
AN ACT Relating to increasing the homestead exemption amount;
Sponsors
Prime sponsor: Adam Kline (D-37)
4 co-sponsors (4 Democrats, 0 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file.
- Minority; without recommendation.
- JUD - Majority; do pass.
- Passed to Rules Committee for second reading.
- First reading, referred to Judiciary.
SB 5866 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5866 (2025–26) DCYF frontline staffing
- SB 5866 (2023–24) Teletherapy
- SB 5866 (2021–22) Medicaid LTSS/tribes
- SB 5866 (2019–20) Public discl. comm. members
- SB 5866 (2017–18) Tax court, creating
- SB 5866 (2015–16) County sales and use tax
- SB 5866 (2013–14) Hog fuel sales & use tx exem
- SB 5866 (2011–12) Reducing prison sentences