AB 964

This bill increases the school property tax credit for residents of school districts

that are closed to in-person instruction for more than 10 days of instruction during

the second half of the 2021-22 school year. For taxable year 2022, the credit is

increased by an amount equal to the claimant's property taxes or rent constituting

property taxes attributable to the period from January 1, 2022, to July 1, 2022,

multiplied by the ratio of days during the period that public schools in the school

district in which the claimant resides were closed to in-person instruction to the total

days of instruction. The maximum increase in the credit is limited to 10 percent of

the claimant's property taxes or rent constituting property taxes attributable to the

period from January 1, 2022, to July 1, 2022, which is increased to 25 percent if the

claimant's dependent attends school in the school district. The bill's provision

allowing an increased credit does not apply if the claimant's adjusted gross income

exceeds $80,000, or $150,000 in the case of a married couple filing a joint return.

Under the bill, school districts must disclose to the Department of Revenue the

information about school days needed to calculate the increased credit, and DOR

must publicly disclose that information on its Internet site.