Makes permanent the $250 ANCHOR property tax benefit for certain senior citizen homeowners and tenants.

This bill makes permanent the additional $250 property tax benefit for senior citizen homeowners and tenants under the ANCHOR Property Tax Relief Program. The benefit applies to those who are 65 years of age or older, own their principal residence, and have a gross income not exceeding $250,000. It also applies to tenants with a gross income not exceeding $150,000. The benefit is intended to be paid annually and is part of the same application process as other ANCHOR benefits.

Makes permanent the $250 ANCHOR property tax benefit for certain senior citizen homeowners and tenants.

This bill makes permanent the additional $250 property tax benefit for senior citizen homeowners and tenants under the ANCHOR Property Tax Relief Program. The benefit applies to those who are 65 years of age or older, own their principal residence, and have a gross income not exceeding $250,000. It also applies to tenants with a gross income not exceeding $150,000. The benefit is intended to be paid annually and is part of the same application process as other ANCHOR benefits.