This bill expands tax relief eligibility for elderly residents and people with disabilities by clarifying that receiving property tax assistance doesn't disqualify them from also getting sales tax refunds. The bill also updates references to federal tax law and adjusts rules for special assessments on homes owned by seniors and disabled persons, allowing municipalities to waive or reduce these fees based on age, disability status, or household income.
The amendment increases income thresholds for retail sales tax refunds, raises maximum refund caps from $258 to $500 for single-person households and from $581 to $1,000 for multi-person households, and changes refund calculation methodology to use pro rata shares.
The amendment removes all references to chapter 10-18A (property tax refunds for elderly and disabled persons) and restructures retail sales tax refunds under chapter 10-45A with new income thresholds and pro rata distribution formulas.
Signed by the Governor S.J. 452
Delivered to the Governor S.J. 441
Signed by the Speaker H.J. 478
Signed by the President S.J. 416
House of Representatives Do Pass Amended Passed, YEAS 58, NAYS 7. H.J. 447
Taxation Do Pass Passed, YEAS 8, NAYS 1.
Taxation Scheduled for hearing
First read in House and referred to House Taxation H.J. 208
Senate Do Pass Amended Passed, YEAS 18, NAYS 16. S.J. 157
Senate Motion to amend S.J. 157
Senate Reconsidered Passed, YEAS 21, NAYS 13. S.J. 156
Senate Intent to reconsider S.J. 145
Senate Do Pass Failed, YEAS 15, NAYS 18. S.J. 144
Committee on Appropriations Do Pass Passed, YEAS 7, NAYS 1.
Committee on Appropriations Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Committee on Appropriations S.J. 11
Do Pass Amended
Taxation — Do Pass
Reconsidered
Do Pass Amended
Do Pass
Committee on Appropriations — Do Pass