The Maricopa County assessor says a new law signed this spring will qualify more veterans, widows and disabled people for a program designed to keep property tax bills low.
The law changes one of the variables in a formula used to determine if certain property owners qualify for the statewide personal exemptions program. Arizona’s GDP was used for years.
But now it’s being replaced with the Federal House Price Index, which Maricopa County Assessor Eddie Cook said is more aligned with the economy and housing prices throughout the country…