SB0572 (CH0526)

Find a 2014 Bill:

2014 Regular Session



Homestead Tax Credit - Eligibility - Definition of Legal Interest

Sponsored by:

Senator King


Approved by the Governor - Chapter 526

Synopsis:Altering the definition of "legal interest" to include an interest in a dwelling as a settlor, grantor, or beneficiary of a trust under specified circumstances so as to include specified settlors, grantors, or beneficiaries of trusts as eligible to apply for the homestead property tax credit.
Analysis:Fiscal and Policy Note
All Sponsors:Senators King, Feldman, Manno, Peters, and Robey
Additional Facts:Cross-filed with: HB0227
Bill File Type: Regular
Effective Date(s): June 1, 2014
Budget and Taxation   View Committee HearingWays and Means   View Committee Hearing
Broad Subject(s):Taxes - Property
Narrow Subject(s):Estates and Trusts
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
Property Tax
Real Property
Tax Credits -see also- Circuit Breaker

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Explanation of Floor Motions and Actions

October 24, 2017 1:56 P.M.