The bill amends Section 44-33-9 of the General Laws in Chapter 44-33, titled "Property Tax Relief," to enhance tax credits for elderly and disabled individuals who own or rent their homes. The income range for eligibility is increased to fifty thousand dollars ($50,000), and the maximum tax credit is raised to eight hundred fifty dollars ($850) for tax years beginning on or after January 1, 2027. The bill does not specify a maximum credit of six hundred dollars ($600) for tax years starting January 1, 2022, as this is not included in the extracted insertions and deletions.

The act is set to take effect upon passage.

Statutes affected:
7700: 44-33-9