Increases the minimum veterans’ exemption from one thousand dollars ($1,000) to six thousand dollars ($6,000) with respect to municipal taxes.
Establishes a child tax credit of one thousand dollars ($1,000) per dependent.
Establishes a child tax credit of one thousand dollars ($1,000) per dependent.
Redefines “farm” by reducing the amount of revenue from farm products required to be sold from ten thousand ($10,000) to two thousand five hundred dollars ($2500).
Redefines “farm” by reducing the amount of revenue from farm products required to be sold from ten thousand ($10,000) to two thousand five hundred dollars ($2500).
Increases insurance coverage for hearing aids from one thousand five hundred dollars ($1,500) to one thousand seven hundred fifty dollars ($1,750), per ear, for all people regardless of age effective January 1, 2026.
Increases insurance coverage for hearing aids from one thousand five hundred dollars ($1,500) to one thousand seven hundred fifty dollars ($1,750), per ear, for all people regardless of age effective January 1, 2026.
Exempts the sale of Bitcoin from state income tax, if such sale is valued at less than one thousand dollars ($1,000).
Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
Increases the threshold limit for charitable organizations with an annual gross income of five hundred thousand dollars ($500,000) to one million dollars ($1,000,000) or more.