Raises the income eligibility for senior citizens and disabled residents to seventy-five thousand dollars.
This bill amends the real property tax law to raise the income eligibility threshold for senior citizens and disabled residents. For senior citizens, the combined income limit for all household members is increased to seventy-five thousand dollars. For disabled residents, the combined income limit is also increased to seventy-five thousand dollars. This change affects those applying for tax abatements on their dwelling units.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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