CIRCUIT BREAKR-INCOME ELIGIBLE

Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act. Provides for a one-time increase in the household income eligibility limits for property tax relief grants and pharmaceutical assistance to take into account cost-of-living increases designated under the Social Security Act for 2005, 2006, and 2007. Provides for annual increases thereafter in an amount equal to the amount of the annual cost-of-living increase designated under the Social Security Act. Effective immediately.