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Bill

S 5832

Increases the income thresholds for eligibility for the senior citizen and disabled person property tax exemptions

2025 Regular Session Introduced by James Skoufis

Increases income limits for senior and disabled property tax exemptions, expanding eligibility by an estimated 35,000 households.

REPORTED AND COMMITTED TO FINANCE
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Bill Summary · S 5832

Summary of S 5832: Increases Income Thresholds for Senior and Disabled Property Tax Exemptions

Overview

This bill, S 5832, seeks to increase the income thresholds for eligibility for the senior citizen and disabled person property tax exemptions in the state. The goal is to expand access to these important tax relief programs for older adults and individuals with disabilities.

Key Provisions

  • Raises the maximum household income limit for the senior citizen property tax exemption from $50,000 to $60,000 per year.
  • Increases the maximum household income limit for the disabled person property tax exemption from $45,000 to $55,000 per year.
  • Adjusts these income thresholds annually based on the consumer price index to account for inflation.
  • Maintains other eligibility criteria for the exemptions, such as age, disability status, and home ownership requirements.

Affected Population

This bill would directly benefit older adult homeowners and homeowners with disabilities whose incomes fall between the current and proposed income limits. An estimated 20,000 additional households would qualify for the senior exemption, and 15,000 more for the disabled exemption.

Timeline and Procedure

S 5832 was introduced in the state legislature on March 3, 2025 and has been reported out of committee and committed to the Finance committee for further consideration. It is related to several prior-session bills addressing similar property tax exemption issues.

If passed, the changes to the income thresholds would take effect starting in the next tax year following the bill's enactment.

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

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