How the circuit breaker tax credit is reviewed and applied

A. The director will determine whether the homeowner qualifies for the circuit breaker tax credit upon review and verification of each completed application. To verify information in the application, the director must require proof of household income, as defined in section 3.48.805 . The director may require that each member of the household provide copies of: 1. A tax return transcript from the Internal Revenue Service. 2. A tax account transcript, if applicable, from the Internal Revenue Service. 3. Any accompanying forms and schedules as the director may require to verify the transcripts. Except that an applicant who is at least 78 years old and has qualified for the circuit breaker tax credit for at least three out of the six prior years, may provide an affidavit form declaring the household adjusted gross income in lieu of the items listed above. If the director obtains evidence that a claimant does not qualify for the circuit breaker tax credit, the director may require these items be provided as evidence of qualification upon written notice to the claimant by mail. The applicant may refuse to provide the information or authorization required by the director. Failure to provide such information or authorization will result in the denial of the application. Despite any provision to the contrary, there will be no appeal from the director's decision to deny an application as a result of the applicant's failure to provide the required information or authorization. B. The director must determine if the homeowner qualifies for the circuit breaker tax credit. If the homeowner does not qualify for the circuit breaker tax credit, the director must notify the homeowner on or before March 1 preceding the tax year. C. If an application for the circuit breaker tax credit is granted, the director must apply the credit to the real property tax bills issued in accordance with sections 3.48.190 and 3.48.195 , apportioned in equal parts between the two installments. D. A circuit breaker tax credit is not transferable to another person or property. E. The director may adopt rules and prescribe forms to implement this article. ( Ord. No. 5868 , § 2, 2025; Ord. No. 4789, § 5, 2017 ; Ord. No. 4136, § 7, 2014; Ord. No. 4091, § 4, 2013; Ord. No. 4028, § 2, 2013)