10-6B-7. Amount of reduction of real property taxes due for a multiple-member household.
The amount of reduction of real property taxes due for a multiple-member household made pursuant to this chapter is 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 | $5,640 | 55% |
5,641 | 5,758 | 53% |
5,759 | 5,876 | 51% |
5,877 | 5,994 | 49% |
5,995 | 6,112 | 47% |
6,113 | 6,230 | 45% |
6,231 | 6,348 | 43% |
6,349 | 6,466 | 41% |
6,467 | 6,584 | 39% |
6,585 | 6,702 | 37% |
6,703 | 6,820 | 35% |
6,821 | 6,938 | 33% |
6,939 | 7,056 | 31% |
7,057 | 7,174 | 29% |
7,175 | 7,292 | 27% |
7,293 | 7,410 | 25% |
7,411 | 7,528 | 24% |
7,529 | 7,646 | 23% |
7,647 | 7,764 | 22% |
over 7,765 | No reduction |
Source: SL 1987, ch 86, §7; SL 1988, ch 96, §7.