Walnut Grove, City of; ad valorem tax; provide homestead exemption

A BILL to be entitled an Act to provide a homestead exemption from City of Walnut Grove ad valorem taxes for municipal purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the adjusted base year assessed value of such homestead; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for compliance with constitutional requirements; to provide