- Introduced -

SB 564 - This act changes elements in the property tax circuit breaker law. Under current law, the maximum upper limit income level is $15,000; this act increases that limit to $25,000 for 1999 and succeeding years. The minimum base income level, under which a claimant can receive the full amount of the property tax credit up to the statutory limit, is increased from the current $5,900 to $13,000 for 1999 and succeeding years.

The act has an effective date of January 1, 1999.

RUSS HEMBREE