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Committee advances bill to let Department of Revenue pay property tax/rent rebates as soon as practicable; amended to include life-insurance exclusion increase
Summary
Chairman Samuelson brought House Bill 1072 forward; Mark Forman, senior executive director to the committee, summarized it as allowing the Department of Revenue to pay Property Tax/Rent Rebate claims as soon as practicable rather than waiting until July 1.
Chairman Samuelson brought House Bill 1072 before the House Finance Committee and asked Mark Forman, the committee’s senior executive director, to summarize the bill. Forman described the measure as allowing the Department of Revenue to pay property tax/rent rebate claims “as soon as practicable.”
Representative Johanna Cepeda Freitas, one of the bill’s prime sponsors, said early payment of rebates would help “seniors, widows, and…
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