Senior Citizen Special Assessment Deferment Program

State

Alaska

Year

2014

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Deferral

Benefit

The benefit is the deferral of payments of special assessments levied by municipalities to install sewer and/or water systems to the homes of eligible applicants. This program was repealed in 1986, but persons with liens still outstanding are still enrolled.

How is Benefit Disbursed

Other

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria

Age

Homeowner

Other Criteria

Description of Eligibility Criteria

Eligible property is owned and occupied by permanent state residents over age 65 that face special assessments on said property to install sewer and/or water systems.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

No local option regarding program features

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The state payment of the local special assessment satisfied the local lien and a lien in favor of the state was recorded on the homeowner record.

Enrollment Data

There were four outstanding liens for a total of $17,094. Anchorage and Fairbanks North Star Borough each have one outstanding lien, while Juneau has two.

Record ID

AK102_RR14

Footnotes

The state’s lien on the home is due and payable when the property is sold or transferred, except to a spouse, surviving spouse over age 60, or minor heir.

Sources

Alaska Stat. § 29.45.045 (repealed effective 1986)
Department of Commerce, Office of the State Assessor, Alaska Taxable 2014 [http://commerce.state.ak.us/DNN/Portals/4/Repository/Taxable/14Taxable.pdf Accessed 05/12/2015] View Archived Source
1986 Alaska Sess. Laws ch. 70 § 6

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