Senior School Property Tax Credit

State

Delaware

Year

2018

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Credit

Benefit

The local school board may vote to allow a credit against school taxes imposed on the principal residence of a qualifying individual. The benefit is a credit equal to the lesser of 50% of taxes remaining after homestead and other exemptions are taken, or $500. The vocational portion of the tax bill is excluded. The senior cut is calculated after across-the-board cuts. Applications must be filed annually by 30 April in the year the benefit is sought.

How is Benefit Disbursed

Credit to the property tax bill

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program. The property must be a primary residence.

Eligibility Criteria

Age

Homeowner

Principal Residence

Description of Eligibility Criteria

The individual must be 65 years of age or older and the property must be owned by the individual. As of June 30th of the year for which the benefit is claimed, the person must meet residency requirements. For those establishing residence in the state on or before 31 December 2017, the residency requirement is 3 years. For those establishing residence after 31 December 2017, the residency requirement is 10 years. If there are multiple owners, each can file for the benefit, but they can only receive a proportional share of the benefit.

Local Option in Adoption of Program

Local government must take action to opt in

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 will mail rebate checks directly to individuals who qualify for the program.

Record ID

DE103_RR18

Footnotes

Effective 1 January 2018, the residency requirements for the program have changed. For applicants who establish residency in the state after 31 December 2017, eligibility requirements are amended to require 10 years of prior residency in order to qualify for the benefit. In addition, all new and subsequent applications now have a due date of 30 April. To receive this tax credit, taxpayers must have paid in full their property tax bill at the end of the tax year for which the credit was reported.

Sources

Del. Code tit. 14, § 1917 (c) (in effect for 2018)
Application for Senior School Property Tax Credit [https://finance.delaware.gov/publications/proptax/ssptc_app.pdf accessed 10/22/17] View Archived Source
2017 Del. Laws ch. 71 § 1

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