Modifying the definition of household income for the homestead property tax refund act, providing for one homestead property tax refund claim form and providing an eligibility exception for claimants who are required to live away from the homestead by reason of health or other hardship, increasing the homestead appraised value thresholds for certain homestead refund claim provisions, extending the period of time to file homestead claims and providing for an increase in the maximum refund allowed, providing that a person shall not lose eligibility for a homestead property tax refund claim or the SAFESR tax credit if the appraised valuation of the homestead subsequently exceeds the applicable threshold after qualifying in a previous tax year and modifying the household income threshold, providing a cost-of-living adjustment for purposes of the SAFESR tax credit and prohibiting tax sales of residential property for certain qualifying individuals for taxes owed on residential property.

The header was updated to indicate the bill was amended by the Senate Committee of the Whole instead of just the Senate Committee, and page footers were adjusted accordingly.

A clarifying phrase 'the applicable threshold' was inserted into the summary description to specify that the $350,000 homestead valuation limit is not a fixed number but an applicable threshold.

Minor formatting inconsistencies in the line numbers and spacing within the summary section were corrected.

Added a requirement that taxpayers must be born before January 1, 1961, to qualify for the 2026 SAFESR tax credit.

Added language confirming that a person does not lose eligibility for the tax credit if their home's appraised value exceeds $350,000 after they have already qualified in a previous year.

Modified the income threshold rule to include an automatic cost-of-living adjustment for tax years starting after December 31, 2026.

Updated the definition of 'household' to explicitly include the taxpayer's principal place of residence for the tax year.