Bills · 2009-2010 Regular Session
increasing the maximum claim under the school property tax credit for older claimants.
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, the school property tax rent credit may be claimed by an
individual for property taxes paid on the claimant's principal dwelling, or rent
constituting property taxes paid on the claimant's principal dwelling, during the
taxable year for which the credit is claimed. The credit, which may be claimed up
to the amount of the claimant's tax liability, is 12 percent of the first $2,500 of
property taxes, or rent constituting property taxes ($300), paid or 12 percent of the
first $1,250 of property taxes, or rent constituting property taxes ($150), paid by a
married person filing separately.
For a claimant who reaches the age of 65 before the close of the taxable year to
which his or her claim relates, this bill increases the maximum credit which may be
claimed to 12 percent of the first $5,000 of property taxes, or rent constituting
property taxes ($600), paid or 12 percent of the first $2,500 of property taxes, or rent
constituting property taxes ($300), paid by a married person filing separately. The
bill first applies to taxable years beginning after December 31, 2008.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Apr 9, 2009 · Senate
Introduced by Senators Darling, Leibham, Hopper, Schultz, A. Lasee and Plale;Cosponsored by Representatives Knodl, Kerkman, Gundrum, Bies, Lothian, Brooks, Murtha, Kaufert, Spanbauer, Gunderson, Honadel and Van Roy
- Apr 9, 2009 · Senate
Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue
- May 7, 2009 · Senate
Fiscal estimate received
- Apr 28, 2010 · Senate
Failed to pass pursuant to Senate Joint Resolution 1