SB 816: Real property tax; exemption for elderly and disabled individuals.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Real property tax; exemption for elderly and disabled individuals. Revises various provisions of the local real property tax exemption and deferral program for elderly and disabled individuals. The bill allows a locality to require that an individual (i) pay all delinquent taxes, penalties, and interest assessed by the locality and incurred prior to becoming eligible for an exemption or deferral; (ii) enter into an installment agreement with the locality for the payment of all such delinquent amounts in installments over a period that is reasonable under the circumstances, but that in no event shall exceed 72 months; (iii) submit and obtain the treasurer's agreement to an offer in compromise with respect to all amounts of delinquent taxes, penalties, and interest; or (iv) carry out a combination thereof. Additionally, the bill provides that notice of the terms and conditions of the exemption and deferral program may be included in any notice of change in assessment and that the treasurer shall post such information on the locality's website. Finally, the bill allows a locality to provide a prorated exemption or deferral for the portion of the taxable year during which the taxpayer would have qualified for such exemption or deferral but had not yet filed an application. This bill is identical to HB 2029.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. March 24, 2025Acts of Assembly Chapter text (CHAP0536)
2. March 24, 2025Approved by Governor-Chapter 536 (Effective 07/01/25)
3. March 3, 2025Governor's Action Deadline 11:59 p.m., March 24, 2025
4. March 3, 2025Enrolled Bill Communicated to Governor on March 3, 2025
5. February 20, 2025Signed by President
6. February 18, 2025Signed by Speaker
7. February 18, 2025Impact statement from TAX (SB816)
8. February 18, 2025Bill text as passed Senate and House (SB816ER)
9. February 18, 2025Enrolled
10. February 13, 2025Passed House (96-Y 0-N)
11. February 13, 2025Read third time
12. February 12, 2025Read second time

Showing 12 most recent of 30 actions. Full history