10/16/2025

Senate Bill 215

Lead Sponsors: Senator Bill Blessing

Status: Introduced (June 10, 2025)

Description: The bill changes the eligibility criteria for the homestead exemption and the amount of the exemption from specific dollar figures to relative percentages or percentiles. For example, the income threshold is shifted from no more than $30,000 (as adjusted for inflation) to no more than the 90th percentile of modified adjusted gross income.

The amount of exempted value is determined on a sliding scale based on what percentile the owner's income is. Further changes are made to provide more savings for those on the enhanced homestead exemption.

CCAO Position: CCAO supports expanding the homestead exemption.