What does that mean? If you own a homestead, a certain amount of the value of that homestead is exempt from being taxed by your local school district. And When I became governor, that [property tax] exemption was $15,000. Now, because of what you passed last month, the first $140,000 will not be taxed by the school districts. taxed by the school districts. If you were a senior, which I don' Seniors here. But if you were a senior, it would be the. The first $200,000 evaluation would not be taxed. (05:55–06:15)
CLAIM
Asserts that the property tax exemption increased from $15,000 to $140,000.
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