Tax Type
Property Tax
Description
Secrecy of Information;Application for Exemption or Deferral by Elderly Persons
Topic
Property Subject to Tax
Date Issued
08-18-1976
For purposes of determining the eligibility of elderly persons for exemption or deferral of property taxes, the total combined income, as well as the excludible amount, used in computing total combined income may be decreased by a locality. No limitation is placed on a locality's power to decrease amounts, and, therefore, the exclusion factor may be eliminated altogether.
For purposes of determining the eligibility of elderly persons for exemption or deferral of property taxes, the total combined income, as well as the excludible amount, used in computing total combined income may be decreased by a locality. No limitation is placed on a locality's power to decrease amounts, and, therefore, the exclusion factor may be eliminated altogether.
The commissioner of revenue may not reveal to the city treasurer income and net worth information furnished to the commission by elderly persons applying for exemption or deferral of property taxes, since such personal data is considered confidential.
Attorney General's Opinion