Relates to improving the real property tax relief credit

This bill increases the real property tax relief credit for homeowners with qualifying income levels. It adjusts the calculation method, raising the credit percentage for lower-income taxpayers (up to $75,000 gross income) from 14% to 20% and modifying thresholds for middle-income households ($75,000-$150,000 and $150,000-$350,000). The credit now has a minimum value of $1,550 (up from $350) and applies to tax years beginning January 1, 2026. It directly affects homeowners whose real property taxes exceed 5% of their qualified gross income, providing greater relief for those with moderate incomes.