Cranston may provide annual property-tax credits for some veterans, blind residents, and people with disabilities or age 65 and older, if the city authorizes them.
Cranston may use annual tax credits for several listed exemptions, including relief for some veterans, blind residents, and people with disabilities or age 65 and older.
Some Cranston residents whom Social Security finds totally disabled may qualify for annual credits of up to $365.84, if the city authorizes them.
Cranston may provide annual tax credits in place of several listed property-tax exemptions. The listed provisions cover eligible veterans and some surviving spouses, legally blind residents, and certain people with disabilities or age 65 and older. The city must authorize the credits by ordinance. Some credit amounts are adjusted after property revaluation, with increases limited by the consumer price index and subject to review. The act takes effect upon passage.
Cranston may provide an annual tax credit for certain disabled residents’ property taxes. One provision covers people under 65 whom Social Security finds totally disabled and who own no real property. The other covers a disabled head of household who lives in the Cranston home. The city must authorize the credit by ordinance, and applicants must provide proof by the filing deadline. The credit is capped at $365.84 per year and may be adjusted after revaluation, within stated limits. A person no longer qualifies under these provisions upon reaching age 65. The act takes effect upon passage.
No hearings or votes scheduled.