House Bill 1086 Summary

• Establishes a $12,480 property tax assessed value deduction on residential real property, mobile homes, or manufactured homes for individuals who have a dependent who is blind or disabled and resides with them.

• Requires the dependent to be claimed on the individual's federal or state income tax return and the property must be principally used and occupied by both the individual and at least one qualifying dependent.

• Defines disability as inability to engage in substantial gainful activity due to a medically determinable physical or mental impairment expected to result in death or last at least 12 continuous months.

• Requires claimants to submit proof of disability through Social Security Administration benefits eligibility or, if not covered by Social Security, a physician examination using Social Security Administration standards (with examination costs borne by the claimant).

• Effective January 1, 2011, retroactively, and requires filing applications with county auditors according to existing deduction application procedures.