This bill amends Section 44-33-9 of the General Laws in Chapter 44-33 entitled "Property Tax Relief." The amendment increases the income range and tax credit for elderly and disabled persons who own or rent their homes. The income range is increased to $50,000 and the maximum tax credit is increased to $850. The bill also provides for annual adjustments to the income range and maximum credit based on the Consumer Price Index. The bill takes effect upon passage.

Statutes affected:
2063: 44-33-9