AN ACT RELATING TO TAXATION-PROPERTY SUBJECT TO TAXATION -- GLOCESTER -- EXEMPTION OF ELDERLY AND DISABLED PERSONS

Summary

The law lets the town of Glocester create tax credits for owner‑occupied homes owned by people 65 or older, permanently disabled persons, or those whose income is below a set limit. Credits start at $1,150 and can increase based on age or income thresholds, with annual adjustments tied to the consumer price index. The credits are added to any other exemptions the homeowner may already receive.

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