"Circuit Breaker" Update

MARCH 2001 -
While the state's new property tax relief law,("circuit breaker") went
into effect this year, members, eligible for the relief, must wait
until next year (2002) to actually apply and receive money back.

"Members
have called us for the circuit breaker forms," reports the
Association's Counsel Bill Rehrey. "Since eligible persons will file
next year, those forms are not available yet. Once they are and more
details are available, we'll let our members know."

Remember persons, 65 or over, will be eligible if their income is $40,000 or less ($60,000 for a couple).

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