2018 Vermont Statutes
Title 32 - Taxation and Finance
Chapter 154 - Homestead Property Tax Income Sensitivity Adjustment
§ 6067 Credit limitations
§ 6067. Credit limitations
Section 6067 effective until July 1, 2019; see also section 6067 effective July 1, 2019 .
Only one individual per household per taxable year shall be entitled to a benefit under this chapter. An individual who received a homestead exemption or adjustment with respect to property taxes assessed by another state for the taxable year shall not be entitled to receive an adjustment under this chapter. No taxpayer shall receive an adjustment under subsection 6066(b) of this title in excess of $3,000.00. No taxpayer shall receive total adjustments under this chapter in excess of $8,000.00 related to any one property tax year. (Added 1997, No. 60, § 51, eff. Jan. 1, 1998; amended 1999, No. 49, § 10, eff. June 2, 1999; 2005, No. 185 (Adj. Sess.), § 9; 2007, No. 82, § 2, eff. July 1, 2008; 2011, No. 143 (Adj. Sess.), § 30, eff. Jan. 1, 2013.)
[Section 6067 effective July 1, 2019; see also section 6067 effective until July 1, 2019 .]
§ 6067. Credit limitations
Only one individual per household per taxable year shall be entitled to a benefit under this chapter. An individual who received a homestead exemption or adjustment with respect to property taxes assessed by another state for the taxable year shall not be entitled to receive an adjustment under this chapter. No taxpayer shall receive an adjustment under subsection 6066(b) of this title in excess of $3,000.00. No taxpayer shall receive an adjustment under subdivision 6066(a)(3) of this title greater than $2,400.00 or cumulative adjustment under subdivisions 6066(a)(1)-(2) and (4) of this title greater than $5,600.00. (Added 1997, No. 60, § 51, eff. Jan. 1, 1998; amended 1999, No. 49, § 10, eff. June 2, 1999; 2005, No. 185 (Adj. Sess.), § 9; 2007, No. 82, § 2, eff. July 1, 2008; 2011, No. 143 (Adj. Sess.), § 30, eff. Jan. 1, 2013; 2018, No. 11 (Sp. Sess.), § H.13, eff. July 1, 2019.)
