10-6B-6. Amount of reduction of real property taxes due for a single-member household.
The amount of reduction of real property taxes due for a single-member household made pursuant to this chapter shall be according to the following schedule:
The reduction of real | ||
If household income is | property taxes due | |
at least: | but not more than | shall be |
$ 0 | $4,200 | 35% |
4,201 | 4,288 | 34% |
4,289 | 4,376 | 33% |
4,377 | 4,464 | 32% |
4,465 | 4,552 | 31% |
4,553 | 4,640 | 30% |
4,641 | 4,728 | 29% |
4,729 | 4,816 | 28% |
4,817 | 4,904 | 27% |
4,905 | 4,992 | 26% |
4,993 | 5,080 | 25% |
5,081 | 5,168 | 24% |
5,169 | 5,256 | 23% |
5,257 | 5,344 | 22% |
5,345 | 5,432 | 21% |
5,433 | 5,520 | 19% |
5,521 | 5,608 | 18% |
5,609 | 5,669 | 17% |
5,670 | 5,757 | 16% |
over 5,758 | No reduction |
Source: SL 1987, ch 86, §6; SL 1988, ch 96, §6; SL 1992, ch 79.