This is important information that very few people seem to know about. On June 28, 2012, the Governor signed a bill (H.B. 209) which made changes in the State’s Senior Property Tax Program.
Three-year Residency Requirement for new Applicants
If you establish residency in Delaware after December 31, 2012, you will be required to have been legally domiciled with the State for a period of at least 3 consecutive years in order to be eligible to receive a credit.
If you are approaching 65 or have already turned 65 and plan to make a move to Delaware, you may want to think seriously about doing it now! If you wrote a contract this month, you could do it. You could be in your new home by December!
Application Deadline moved to April 30
In addition, all applications for the School Tax Credit must be filed with and received by the receiver of taxes or county treasurer no later than April 30 immediately prior to the beginning of the tax year. Eligible applicants, however, may turn 65 at any point up to June 30 immediately prior to the beginning of the county fiscal year. For example, an individual who turned 65 on June 15 would be eligible for the credit so long as his or her application was received by April 30.
PAY YOUR TAX BILL
If you want to be eligible, you must pay your property tax bill in full by the end of each tax year in order to qualify for this credit for the subsequent property tax year.
You must provide a copy of a valid driver’s license or birth certificate at the time of application and you must prove your residency.
When I called the Sussex County Treasurer’s office, I heard stories about people that had not yet moved here full time who had registered a vehicle in Delaware and attempted to file for the tax credit. That will not work. You can call the Sussex County Treasury Division at 302-855-7760 or read the details at the State Website.
I like to tell people that lower taxes is not enough of a reason to move to Delaware. However, if you are going to move here and you’re on the fence about pulling the trigger now or waiting until Spring, maybe this incentive will help you make a decision.