On page 4, after line 15, insert the following:
"(8) Beginning January 1, 2020, a person is exempt from any legal obligation to pay real property taxes due and payable under this section in excess of the amount under this section in the year following the year in which a claim is filed, and thereafter, if the person is sixty-one or older on December 31st of the year in which the exemption claim under this section is filed."