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HB 1296 (2026)

Increase income and asset limits for elderly tax exemption

This bill did not become law.

Last updated 2026-04-29 11:41 pm
Summary:

Increases the minimum net income and asset thresholds that municipalities may set for the elderly property tax exemption and mandates annual inflation adjustments.

Bill Sponsor:
Eileen Kelly
Democratic party logo
Status:
SENATE
Status Detail:
Killed in the Senate
Public Hearing Date:
03/10/2026 09:45 am
Public Hearing Location:
SH Room 122-123
House Voting Date:
02/05/2026
Senate Voting Date:
03/26/2026
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