Bonds Senior Tax Relief Bill Advances to Full Council
At today’s meeting of the Committee on Finance and Revenue, the “Senior Citizen Real Property Tax Relief Act of 2013” (B20-0318) underwent final mark-up and committee vote. The Committee voted to advance the bill to the full Council, where it will undergo a hearing and vote in early 2014.
The bill, introduced by Councilmember Anita Bonds, would exempt persons 75 years of age or older from real property taxes so long as they have been DC residents for at least 25 years and have a household adjusted gross income of less than $60,000. The average median household income in DC was $61,835 according to the 2010 US Census. The national poverty rate is 15.1%, but as many as 17% of senior residents in DC live in poverty.
“This act will ease the financial burdens of thousands of the District’s low-to-moderate income aging population. These residents have supported the District through dire times and times of prosperity alike, and they deserve the opportunity to age in place gracefully and with dignity,” Councilmember Bonds stated. “This legislation aims to make this sentiment a reality,” she added.
Councilmembers Alexander, Barry, Bowser, Cheh, Evans, Graham, Grosso, McDuffie, and Orange co-introduced this bill.