Bills › 91st General Assembly
Modifying provisions relating to the additional property tax credit for elderly persons and including applicability provisions
Sponsored by Rep. David Jacoby (D), Rep. Larry McBurney (D)
Topics:Families & human servicesTaxesProperty taxesTax credits & incentives
Where it is now
- Done: IntroducedMarch 11, 2025
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committeeFunnel: by February 20, 2026
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Older homeowners can receive a larger property tax credit if their household income is below a certain level. The new rules also allow people of a specific age to qualify for this credit regardless of how much money they make. These changes would apply to tax claims filed starting in 2026.1
Read the official explanation
This bill modifies the eligibility for and the calculation of the amount of the property tax credit under Code chapter 425, subchapter II.23(1)(a), but not to exceed $1,000.23(1)(a) as if the claimant was an eligible claimant for a credit under that provision; and (2) the difference between the actual amount of property taxes due on the homestead during the applicable fiscal year minus the actual amount of property taxes due on the homestead based on a full assessment during the first fiscal year for which the claimant filed for a credit calculated under the Code chapter and if the claimant has filed for the credit for each of the subsequent fiscal years after the first credit claimed. The bill modifies the eligibility for the credit under current law available to claimants who have reached the age of with a household income of less than 250 percent of the federal poverty level to include claimants who have reached the age of regardless of income level. The bill applies to claims under Code chapter 425, subchapter II, filed on or after January 1, 2026.
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Tried before
91st General Assembly
Earlier and later bills are matched by wording or an identical title.
Tried before
This idea has been filed in 2 earlier General Assemblies. None got through a chamber.
- HF 92 Modifying provisions relating to the additional property tax credit for elderly persons an…90th General Assembly · In committee · same titleCleared committee
- SF 20 Modifying provisions relating to the additional property tax credit for elderly persons an…90th General Assembly · In committee · very similarCleared committee
- HF 2216 Modifying provisions relating to the additional property tax credit for elderly persons an…89th General Assembly · In committee · same titleCleared committee
- SF 2089 Modifying provisions relating to the additional property tax credit for elderly persons an…89th General Assembly · In committee · very similarCleared committee
Matched by wording or an identical title.