ARTICLE 7, SECTION 10
SECTION 10 RETIRED PERSONS PROPERTY TAX EXEMPTION.
Notwithstanding the provisions of Article 7, section 1 (Amendment
14) and Article 7, section 2 (Amendment 17), the following tax
exemption shall be allowed as to real property:
The legislature shall have the power, by appropriate
legislation, to grant to retired property owners relief from the
property tax on the real property occupied as a residence by
those owners. The legislature may place such restrictions and
conditions upon the granting of such relief as it shall deem
proper. Such restrictions and conditions may include, but are
not limited to, the limiting of the relief to those property
owners below a specific level of income and those fulfilling
certain minimum residential requirements. [AMENDMENT 47, 1965
ex.s. House Joint Resolution No. 7. Approved November 8, 1966.]