File Code: Taxes - Property
- Sponsored By:
-
Delegates McHale, Hammen, and Krysiak
- Entitled:
-
Homeowners' Property Tax Credit - Computation - Cost-of-Living
Adjustment
Altering the computation of the homeowners' property tax credit for
all taxable years beginning after June 30, 2004, based on a specified
cost-of-living adjustment percentage; requiring the Department of
Assessments and Taxation to determine the cost-of-living adjustment
percentage by October 1 each year based on the increase in a specified
consumer price index for a specified period; and providing for the
application of the Act.
House Action
- 3/2
- First Reading House Rules and Executive Nominations
- 3/8
- Re-referred Ways and Means
- 3/12
- Hearing 3/17 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate Brian K. McHale, District 46
- Delegate Peter A. Hammen, District 46
- Delegate Carolyn J. Krysiak, District 46
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- CIRCUIT BREAKER
- CONSUMER PRICE INDEX
- PROPERTY TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statutes:
- Tax - Property
- (
9-104 ,
9-104
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
