Council Approves Legislation to Simplify the Senior Property Tax Credit application and to include Surviving Spouses of Veterans.

Today we unanimously approved Expedited Bill 17-18, Property Tax Credit - Elderly Individuals and Retired Military Services Members – Application. This legislation streamlines the application process for elderly individuals and retired military services members to receive the property tax credit, and  removes the requirement for an individual to apply every year that the individual is eligible to receive the credit. Instead, an individual would apply for the credit the first year and would automatically receive the credit for four additional years if the individual remains eligible for the credit. 

This bill applies retroactively so that individuals who missed the April 1, 2018 application deadline for the second year of credit would still receive the credit for the tax year that begins on July 1.

Also included in this bill is an amendment I introduced to implement a recent state law. This law allows a surviving spouse of a veteran eligible for the credit to receive the property tax credit. 

You can read the Council staff report here and check the Council website regularly for updated information. I'll also post more information as it becomes available.