Implementation of Increase of Homestead Portability Timeframe (Watch)

Implementation of Increase of Homestead Portability Timeframe (Watch)

SB 454 (Brandes) and HB 503 (Ahern) increase the period from two to three years when accrued Save-Our-Homes benefits may be transferred from a prior homestead to a new homestead. This change only takes effect if SJR 452, HJR 501 or a similar amendment having the substantially same specific intent and purpose, is approved by the voters at the November 2018 general election. (Hughes)