BILL ANALYSIS AND FISCAL IMPACT REPORT	Page 1 of  1

DATE: February 27, 2001	Submitted by: TAXATION AND REVENUE DEPT.      
	T. GLENN ELLINGTON, SECRETARY 
BILL NUMBER: HJM-66

SPONSOR: Representative Ruiz

BILL SHORT TITLE: Requesting the Taxation and Revenue Department and State Agency on Aging to publicize information about property tax benefits for low-income senior citizens, assist the citizens in receiving the benefits, and study the need for additional property tax  relief.

DESCRIPTION:  
The proposed memorial states that many low-income senior citizens are unaware of their eligibility for a property tax rebate or freeze in assessed value for property tax purposes, and that the State Agency on Aging counsels senior citizens regarding health insurance and benefit entitlements. It therefore asks the State Agency on Aging to work with the Taxation and Revenue Department to provide senior citizens with information about the benefits and how to apply for them. The measure also asks the State Agency on Aging and the Taxation and Revenue Department to work together in studying the need for additional property tax assistance and relief for various groups of senior citizens. It also requests the two agencies to work together in publicizing information regarding the benefits and assist citizens in applying for the benefits.

EFFECTIVE DATE:  Not stated: 90 days following the close of the legislative session -- June 15, 2001.

FISCAL IMPACT: The proposed measure would impose no significant impact on state or local revenue sources.

TECHNICAL ISSUES:  none

ADMINISTRATIVE IMPACT:  No major administrative impacts would be imposed on the Department due to enactment of the proposed measure. The Department works with county assessors and other agencies in notifying citizens of their eligibility for the property tax valuation limitation and rebate eligibility. Conducting a study of impacts of the low-income rebate could be done with existing resources available to the Department.
 
OTHER IMPACTS AND ISSUES: none