Improvement Required for Health or Medical Condition Real Property Tax Exemption

Provides a property tax assessment exemption for new improvements, changes, or additions to residential buildings that are necessitated by the health or medical condition of a resident. The exemption prevents medically necessary home modifications from increasing the property's taxable assessed value. The exemption amount may not exceed 10% of the total market value (assessment) of the real property. The exemption applies for the current tax year in which the application is received and is...