A 4010
Amends Fiscal Year 2026 annual appropriations act to extend ANCHOR benefits to certain individuals who make payments in lieu of property taxes.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends the Fiscal Year 2026 annual appropriations act to extend ANCHOR benefits to individuals who have made payments in lieu of property taxes. Specifically, it expands eligibility to include homeowners and tenants who have paid these in lieu of taxes to their municipality. The benefits are based on 2023 property tax or in lieu of tax amounts assessed on October 1, 2024, and are capped at $1,000 or $1,500 depending on income levels. It also provides an additional $250 benefit for those 65 or older.
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Primary sponsor
Alex Sauickie
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