2005 Regular Session

HOUSE BILL 9

File Code: Taxes - Property Prior Year Introduction As: HB 391/04 - W&M
Sponsored By:
Delegates Leopold, James, Cadden, Ramirez, Boschert, DeBoy, Gaines, Gilleland, McMillan, Shank, Sophocleus, and Sossi
Entitled:
Property Tax - Homeowners' Property Tax Credit - Computation

Synopsis:

Altering the definition of "total real property tax" so as to alter the application of the $150,000 limitation on the assessed value of a dwelling used for calculating the homeowners' property tax credit, to provide for application of the limitation after reducing the assessed value of the dwelling by the amount of any assessment on which the homestead property tax credit is granted; and applying the Act to tax years beginning after June 30, 2005.

History by Legislative Date

House Action
07/6
Pre-filed
1/12
First Reading Ways and Means
2/2
Hearing 2/18 at 1:30 p.m.
2/10
Hearing cancelled
Hearing 2/23 at 1:00 p.m.
3/21
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate John R. Leopold, District 31
Delegate David G. Boschert, District 33A
Delegate Joan Cadden, District 31
Delegate Steven J. DeBoy, Sr., District 12A
Delegate Tawanna P. Gaines, District 22
Delegate Terry R. Gilleland, Jr., District 32
Delegate Mary-Dulany James, District 34A
Delegate Herb McMillan, District 30
Delegate Victor R. Ramirez, District 47
Delegate Christopher B. Shank, District 2B
Delegate Theodore Sophocleus, District 32
Delegate Richard A. Sossi, District 36

Bill indexed under the following Subjects:

ASSESSMENTS
PROPERTY TAX
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property
( 9-104 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered