Anita Bonds Senior Property Tax Relief Bill Passes Council with Amendment Lowering Age Requirement to 70 Years Old

At today’s Legislative meeting of the Council of the District Columbia, the “Senior Citizen Real Property Tax Relief Act of 2013” (B20-0318) passed final vote and passed the Council with the support of ten (10) members approving.

The bill, authored by At-Large Councilmember Anita Bonds, will exempt long-standing residents 70 years of age and older from paying any real property taxes on their primary residence if they have maintained DC residency for at least 20 years and have a household adjusted gross income of less than $60,000 and total assets of $250,000 dollars (on the basis of the $12,500 interest and dividend limit), excluding residence.… Read more

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.… Read more