There are currently three options under consideration:
- Provide tax portability to everyone within the state that currently qualify for benefits from the Save Our Homes legislation regardless of where they move within the State or the frequency of their moves.
- Setting geographical limits on portability such as applying it only within the same county.
- Providing portability only to senior citizens or the disabled.
The legislature are looking at providing some relief to home owners who currently benefit from the Save Our Homes legislation since that benefit is lost upon the sale of the home. Many homeowners are finding that they no longer can afford to move because of the significant increase that they would have to pay in property taxes on their next home.
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