SB489 - Modifies provisions relating to the Senior Citizens Property Tax Relief tax credit

SB 489

Modifies provisions relating to the Senior Citizens Property Tax Relief tax credit

Sponsor:

Rizzo

LR Number:

2355S.01I

Committee:

Ways and Means

Last Action:

3/14/2019 - Second Read and Referred S Ways and Means Committee

Journal Page:

S526

Title:

Calendar Position:

Effective Date:

August 28, 2019

Current Bill Summary

SB 489 - This act modifies the maximum upper income limit for a taxpayer to receive the Senior Citizens Property Tax Relief tax credit from $27,000, or $30,000 in the case of a homestead owned and occupied for the entire year by the claimant, to $45,000 and $48,000, respectively.

This act is similar to HB 500 (2017), HB 2151 (2016), and HB 230 (2015).

JOSHUA NORBERG

Amendments

No Amendments Found.