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HB 5305

AN ACT LIMITING LOCAL PROPERTY TAX INCREASES ON SENIORS AND CERTAIN PERSONS WITH DISABILITIES.

2025 Regular Session Introduced by Mitch Bolinsky

HB 5305 caps or freezes local property tax increases for eligible seniors and some disabled homeowners, shielding fixed incomes from spikes.

REF. TO JOINT COMM. ON Aging
#disabledpersons #elderlypersons #propertytax
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Bill Summary · HB 5305

Summary of HB 5305: AN ACT LIMITING LOCAL PROPERTY TAX INCREASES ON SENIORS AND CERTAIN PERSONS WITH DISABILITIES

Overview

HB 5305 is a proposed bill that would limit local property tax increases for eligible seniors and certain persons with disabilities. The bill is currently in committee review, with multiple committee referrals noted in its procedural history. The explicit, actionable details (such as the exact mechanism, eligibility criteria, and transition rules) would be defined in the bill’s text and any amendments.

Purpose and Intent

  • To protect vulnerable homeowners from steep local property tax increases by restricting how much local tax liability can rise for qualifying individuals.
  • Aims to provide financial relief for seniors and certain disabled residents who may be on fixed or limited incomes.

Key Provisions (Subject to the enacted text)

Because the full text is not provided here, the following describes typical elements such bills commonly include. The actual HB 5305 provisions would be specified in the bill you can review:
- Mechanism to limit increases: possible options include a tax freeze, cap on year-to-year tax levy or assessment increases, or targeted exemptions for eligible homeowners.
- Eligibility criteria: likely focusing on seniors (e.g., age threshold) and/or specific persons with disabilities; there may be income limits or residency requirements (e.g., primary residence only).
- Administrative requirements: potential duties for local assessors or tax offices and any required applications or renewal processes for qualification.
- Interaction with local budgets: considerations on how the state- or locality-wide revenue impact would be addressed (e.g., financial offsets, grants, or phased implementation).
- Duration and sunsets: whether protections are temporary or permanent, and any scheduled review dates.
- Appeals and enforcement: procedures for challenging determinations of eligibility or benefit amounts.

Affected Parties

  • Primary: senior homeowners and qualifying disabled individuals who own property in localities implementing the measure.
  • Local governments and tax authorities: because any limitation would affect tax revenue collection and administration.
  • Potentially other property taxpayers if there are cross-subsidy or compensation mechanisms.

Procedural and Timeline Aspects

  • Filed: March 14, 2025.
  • Initial referral: Joint Committee on Aging (initially 2025-01-16).
  • Read first time: April 7, 2025.
  • Subsequent referral: April 7, 2025, to Public Education (noting that committee assignments can shift as bills move through the process).
  • Current status: Ref. to Joint Committee on Aging with subsequent referrals; no final passage action recorded here.

Next Steps for Interested Readers

  • Review the full bill text and any amendments to understand the exact mechanism, thresholds, and implementation timeline.
  • Monitor committee hearings and votes in the Joint Committee on Aging (and any other committees to which it is referred) for updates, hearings, and proposed changes.
  • Assess fiscal impact analyses, if posted, to understand effects on local revenue and potential state-level offsets or grants.

If you’d like, I can incorporate the exact text of HB 5305 once you provide it or a link to the bill’s official dossier.

Compiled from official sources — confirm details with the bill’s official record.

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