S1759 — Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.

S1759 — Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals. · Informed CitizenrySenate Bill No. 1759 amends the Property Tax Deduction Act to increase the amount of rent that can be defined as 'rent constituting property taxes' for the purpose of income tax deductions. The bil…Open in Informed Citizenry