The Property Tax Circuit Breaker: An Introduction and Survey of Current Programs

This report provides an introduction to property tax circuit breakers and describes the main features of circuit breaker programs currently being administered in eighteen states. Some of the features discussed include eligibility restrictions (based on whether the taxpayer is a homeowner or renter, on age or disability status, and on income level), the maximum benefit amounts, how these benefit are administered (i.e. as an income tax credit or state rebate check), and program cost.