SB 915 - This act enables senior citizens, fifty-nine and a half years of age or older, and disabled persons to defer paying property taxes on their residences. The act establishes eligibility criteria for the taxpayer and the property for participating in the deferral. Taxpayers desiring deferral of property taxes shall file an application with the county assessor, who shall forward such application to the Department of Revenue for a determination of eligibility. If the application is approved, the Department of Revenue shall notify the county assessor who shall make a notation on the tax rolls identifying the property as tax-deferred. Each year, the Department of Revenue shall allocate funds from the Property Tax Deferral Revolving Account, which is created by the act, to each county with properties subject to tax deferral in an amount equal to the taxes deferred within each such county. All deferrals of tax shall result in a lien to be held by the Department of Revenue against the property of the taxpayer, which shall be recorded in the mortgage records of the county in which the property is located. The lien shall be for the amount of the property tax as estimated by the Department of Revenue plus interest to accrue at six percent per annum. The taxes plus interest shall be paid when the owner dies or sells the property, moves, or the property changes ownership. This act is identical to SB 689 (2023) and SB 1036 (2010), and is similar to SB 271 (2009), SB 1213 (2008), SB 32 (2007), SB 594 (2006), and SB 436 (2005). JOSH NORBERG