The affidavit never went out as required
Last year lawmakers decided that one way to help fund the “Jobs Bill” was to make sure that only homeowners receive the State Aid Credit subsidy. Their strategy was to require every eligible homeowner sign an affidavit that their home is correctly classified as a “class 3” property, beginning in 2012. Every homeowner would receive an affidavit every other year with their property valuation notice that would have to be signed and returned. The intent was to eliminate the credit from properties that do not qualify such as rentals that have been receiving the subsidy. The savings was estimated to be approximately $39 million.
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