- Perfected -

SS/SCS/SBs 675, 483, 490 & 564 - This act changes elements of the property tax circuit breaker law. This act reduces the age limit for a claimant under the property tax circuit breaker law from the current 65 years of age to 60 and raises the maximum upper limit from the current $15,000 to $20,000 and the minimum base from the current $5,900 to $10,500. The amount allowed for spouses is increased from the current $2,000 to $2,500 and an equal amount is allowed for each dependent.