02/13/2024

Senate Bill 22

Lead Sponsors: Senator Louis Blessing, III, and Senator Hearcel Craig

Status: Introduced (January 22, 2025)

Description: Allows eligible individuals to claim an income tax credit if their property tax due or rent-equivalent tax paid exceeds 5% of their total household income. This is typically referred to as a "property tax circuit breaker."

CCAO Position: The concept of a circuit breaker is supported in CCAO's Legislative Platform.