Modifies provisions relating to a property tax for senior services
Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee
Summary
The bill would double the allowable local tax that counties and cities can levy to fund services for residents age 60 and older, raising it from five to ten cents per $100 of assessed value. Voters must approve the tax, and the money would go into a dedicated Senior Citizens' Services Fund overseen by a seven‑member board. The board must obtain annual accreditation from a statewide nonprofit serving older adults and pay a fee equal to 1% of the tax revenue.
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