PROP TX-CIRCUIT BREAKER
Summary
Creates the Circuit Breaker Property Tax Relief Act. Provides that an individual who: (i) is domiciled in this State; (ii) is eligible for and receives either the general homestead exemption the general alternative homestead exemption; (iii) has experienced property tax bill spikes; and (iv) has an income that meets a specified income eligibility limitation is eligible for a grant of a portion of their bill spike. Provides that the maximum amount of grant to which a claimant is entitled is the one-half of the claimant's tax bill spike. Creates the Circuit Breaker Property Tax Relief Fund for the purpose of making grants to claimants. Amends the State Finance Act to make conforming changes. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2025
Last action Mar 21, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
16
Key actions
1
Committee
4
Mar 21, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 13, 2025
Lower · Passed
To Tax Policy: Other Taxes Subcommittee
lower
Mar 11, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Feb 18, 2025
Committee
Referred to Rules Committee
lower
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Justin Slaughter
DDemocratic
Co
Anna Moeller
DDemocratic
Co
Anthony DeLuca
DDemocratic
Co
Kelly Cassidy
DDemocratic
Co
Lisa Davis
DDemocratic
Co
Michelle Mussman
DDemocratic
Co
Mike Crawford
DDemocratic
Co
Omar Williams
DDemocratic
Co
Rick Ryan
DDemocratic
Co
Will Davis
DDemocratic
Co
Yolonda Morris
DDemocratic
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