PROP TX-SENIORS

Amends the Property Tax Code. Provides that, for taxable year 2017 and thereafter, the maximum amount of the senior citizens homestead exemption is $7,500 (currently, $5,000). Creates an abatement against property taxes levied by a township for property that (i) is included in a neighborhood association that maintains the roads or sidewalks serving the property or (ii) is located in a municipality that maintains the roads or sidewalks serving the property. Amends the Senior Citizens Real Estate Tax Deferral Act. Provides that the income limitation under the Act is $75,000 for tax year 2017 and thereafter.