Failed measure would offer eligible disabled taxpayers a property tax credit

Eligible taxpayers would be allowed an income tax credit for qualifying property taxes, with any amount above their income tax liability refunded. The provision covers taxpayers deemed totally disabled, permanently and totally disabled, or unemployable under 38 C.F.R. § 3.340. The taxes must be paid on residential real or personal property that is the taxpayer’s main home. The printed text shows both 75% and 50%, so the credit percentage cannot be confirmed from this evidence. The credit cannot be claimed for property that received a homestead property tax refund or a senior-relief credit for the same tax year. Taxpayers would need to provide documents supporting the claimed credit. The homestead program’s income and property-value limits would not apply to this credit. The credit is stated to apply for tax year 2025 and later years. The measure would take effect after publication in the statute book, but it failed and is not in effect.