SSB 1123

Current Code chapter 425, subchapter II, provides a property tax credit or rent reimbursement for certain elderly and disabled persons in addition to the homestead property tax credit. Current Code chapter 425, subchapter II, also establishes a similar property tax credit or reimbursement for rent constituting property taxes paid for persons who are years of age or older or who are a head of household, but who have not attained the age of or incurred the requisite disability status.40. The department of revenue administers the property tax credit and rent reimbursement programs under Code chapter 425, subchapter II. _____ the department of revenue will retain administrative control.40 to include a tax credit account under the control of the department of revenue and a rent reimbursement account under the control of the department of human services. The bill also changes several references to “this chapter” within Code chapter 425, subchapter I, to reflect the provisions’ applicability. The bill takes effect upon enactment. Under the bill, the department of revenue will continue to administer that portion of Code chapter 425, subchapter II, relating to claims for reimbursement of rent constituting property taxes paid until the department of human services has adopted rules to assume such administration as provided in the bill, but not later than January 1, 2022.