(HB 1237)
Tax refunds for elderly and disabled persons.
Section
1.
There is hereby appropriated from the
state general
fund the sum of one million
dollars ($
1,000,000
), or so much thereof as may be necessary, to the Department of Revenue and
Regulation to provide refunds for real property tax and sales tax to elderly and disabled persons
pursuant to chapters 10-18A and 10-45A. An amount not to exceed ten thousand dollars in fiscal
year 2007 may be used for the administrative costs of this Act.
Section
2.
The secretary of revenue and regulation shall approve vouchers and the state auditor
shall draw warrants to pay expenditures authorized by this Act.
Section
3.
Any amounts appropriated in this Act not lawfully expended or obligated by
June
30, 2007, shall revert in accordance with
§
4-8-21.
Section
4.
That
§
10-18A-5
be amended to read as follows:
10-18A-5.
The amount of refund of real property taxes due or paid for a single-member
household made pursuant to this chapter shall be according to the following schedule:
The refund of real | ||
If household income is | property taxes due | |
more than: | but less than | or paid shall be |
$ 0 |
|
35% |
|
|
34% |
|
|
33% |
|
|
32% |
|
|
31% |
|
|
30% |
|
|
29% |
|
|
28% |
|
|
27% |
|
|
26% |
|
|
25% |
|
|
24% |
|
|
23% |
|
|
22% |
|
|
21% |
|
|
20% |
|
|
19% |
|
|
18% |
|
|
17% |
|
|
16% |
|
|
15% |
|
|
14% |
|
|
13% |
|
|
12% |
|
|
11% |
over
|
No refund |
10-18A-6.
The amount of refund of real property taxes due or paid for a multiple-member
household made pursuant to this chapter shall be according to the following schedule:
The refund of real | ||
If household income is | property taxes due | |
more than: | but not more than | or paid shall be |
$ 0 |
|
55% |
|
|
53% |
|
|
51% |
|
|
49% |
|
|
47% |
|
|
45% |
|
|
43% |
|
|
41% |
|
|
39% |
|
|
37% |
|
|
35% |
|
|
33% |
|
|
31% |
1
|
|
29% |
|
|
27% |
|
|
25% |
|
|
23% |
|
|
21% |
|
|
19% |
over
|
No refund |
10-45A-5.
The amount of any claim made pursuant to this chapter by a claimant from a
household consisting solely of one individual shall be determined as follows:
10-45A-6.
The amount of any claim made pursuant to this chapter by a claimant from a
household consisting of more than one individual shall be determined as follows: