The Senior Property Tax Aggregation Amendment Act of 2025 aims to assist seniors in the District of Columbia by allowing them to aggregate their ownership shares in a property to meet the existing 50 percent ownership requirement for property tax relief. Currently, seniors must hold at least a 50 percent ownership interest in their home to qualify for tax benefits, which can exclude many seniors who share ownership with family members. This bill seeks to address this issue by enabling seniors who live in a property to combine their ownership interests, thereby making it easier for them to qualify for property tax relief and preventing potential foreclosures.
The bill amends section 47-863 of the District of Columbia Official Code, specifically modifying the language to clarify that at least 50 percent of the residence can be owned, in whole or in part, by individuals living at the residence, including the senior applicant. This change is intended to align the District's property tax relief criteria with those of other states, which typically focus on age, income, and residency without imposing strict ownership thresholds. By implementing this reform, the legislation aims to protect seniors' homes and intergenerational wealth while ensuring that those who meet the necessary age and income requirements can access the relief they need.