Proyectos de ley › 89.ª Asamblea General
Relating to the extraordinary homestead property tax credit and reimbursement for rent constituting property taxes paid for certain elderly claimants and including effective date and applicability provisions
Temas:Families & human servicesTaxesProperty taxesTax credits & incentives
Dónde está ahora
- Hecho: Presentado18 de febrero de 2021
- Se detuvo: SubcomitéMurió al terminar la Asamblea General
- Sigue: Comité de la Cámara
- Sigue: Lo aprueba la Cámara
- Sigue: Comité del Senado
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2022 terminó el 24 de mayo de 2022, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA People who are 65 or older could receive a property tax credit or rent reimbursement that covers 100 percent of their costs. This change would apply to these seniors regardless of how much money they make and removes the previous $1,000 limit on the credit. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
Current Code chapter 425, subchapter II, provides an extraordinary property tax credit or rent reimbursement for certain elderly and disabled persons in addition to the homestead property tax credit. The amount of the property tax credit or rent reimbursement is determined in accordance with a schedule, adjusted for inflation, based on the income of the claimant, ranging from a credit or rent reimbursement of percent of property taxes due or rent constituting property taxes paid up to 100 percent for those in the lowest income bracket. This bill modifies the credit amount for a claimant who has attained the age of to be 100 percent of the property taxes due or rent constituting property taxes paid regardless of income and by removing the $1,000 credit or rent reimbursement limit for those claimants. The bill also makes corresponding changes to other provisions of Code chapter 425. The bill takes effect upon enactment and applies to property taxes due and payable in fiscal years beginning on or after July 1, 2021.