If lawmakers send the amendment to voters and voters approve it, people age 65 or older would owe no personal property taxes on physical items they own.
People age 65 or older would pay no state or local personal property taxes on physical items they own if lawmakers send the amendment to voters and voters approve it.
The proposed amendment would exempt physical personal property owned by people age 65 or older from state and local taxes on that property. The exemption would cover physical items owned by individuals age 65 or older. It would not cover land or buildings. Lawmakers would need to send the amendment to voters, and voters would need to approve it. The proposal calls for a vote at the November 2026 general election or a special election called by the governor. It does not state when the exemption for older people would begin.
No hearings or votes scheduled.