Providing for circuit breaker income tax credit for property taxes paid
Increases the real property tax circuit breaker credit income limits to $100,000; removes real property tax rebates from real property taxes that qualify under such credit.
Increases gross income tax credit for homestead property taxes paid from $50 to $200.
Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.
Increases gross income tax credit for homestead property taxes paid from $50 to $200.
Increases gross income tax credit for homestead property taxes paid from $50 to $200.
Removes state-owned property from property exempt from local property taxes.
Increases and indexes maximum homestead property tax deduction under gross income tax.
Increases and indexes maximum homestead property tax deduction under gross income tax.
Increases maximum gross income tax deduction for homestead property taxes paid to $25,000.