SB 308 Allows Homeowners to Keep Their Exemption Even If They Fail to Invest Within 6 Months

SB Bill 308, which passed the Senate on May 20, 2015, allows homeowners to keep the exempt proceeds from a voluntary sale of their home and raises the Homestead Exemption to $300,00.

The next step is for the bill to pass the House and then the signature of the Governor.

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