Homeowners' and Homestead Property Tax Credits - Application Filing Deadline - Extension

This bill extends the deadline for filing homeowners' property tax credit applications and modifies how retroactive credits are calculated for eligible residents. It allows homeowners enrolled in the Homeowner Protection Program to submit applications up to three years after the tax year deadline, whereas first-time applicants generally have a one-year window. Additionally, the law grants homeowners aged 70 or older who missed filing in previous years the ability to apply for credits covering up to two prior years, provided they file by May 31, 2025. These changes apply to the current and future tax years beginning after June 30, 2024, but do not require reimbursement for property taxes already paid before the retroactive credit is applied.