21.   The surplus also helps districts make up for lost revenue if those districts granted an optional homestead exemption to local taxpayers.

22.   There is no limit on homestead exemptions under the House version.

23.   Under the new law, the federal government may not pre-empt state homestead exemptions.

24.   With differences in the House and Senate approaches, the homestead exemption is expected to be a crucial topic for the conference committee trying to reconcile the two bills.

25.   Florida, Iowa, Kansas, South Dakota and Texas have unlimited homestead exemptions.

26.   Lawmakers in states that have the homestead exemption also oppose efforts to limit it.

27.   President Bush opposes national caps on homestead exemptions but has signaled he would sign bankruptcy legislation.

28.   Some bankruptcy experts say the crackdown on homestead exemptions will not accomplish much.

29.   Texas and Florida have unlimited homestead exemptions.

30.   The provision is designed to close a loophole in current law, the so-called homestead exemption, that allows wealthy debtors to shield their assets in luxury homes.