A2684 — Increases, from 18 percent to 30 percent, amount of rent constituting property taxes for purposes of gross income tax deduction for certain tenants.

A2684 — Increases, from 18 percent to 30 percent, amount of rent constituting property taxes for purposes of gross income tax deduction for certain tenants. · Informed CitizenryThis bill amends the Property Tax Deduction Act to increase the amount of rent that qualifies as 'property taxes' for gross income tax deduction purposes. Specifically, it increases this amount fro…Open in Informed Citizenry