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The property valuation protection option is available to residents over the age of?

  1. 65

  2. 60

  3. 55

  4. there is no age restriction

The correct answer is: 65

The property valuation protection option is specifically designed to assist residents in Arizona who are over the age of 65. This age threshold is established to provide additional financial relief to older citizens, recognizing that they may be on fixed incomes and more vulnerable to rising property taxes. By offering this protection, the Arizona Constitution aims to ensure that elderly residents can remain in their homes without facing overwhelming tax burdens that can arise from increases in property valuation. The other age options listed do not qualify under this particular provision, as the protection is not extended to residents who are younger than 65. This age criterion is crucial in targeting the assistance toward those most likely to benefit from it, thereby supporting senior citizens' housing stability and financial well-being within the state.