Bill number does not exist. Enter a vaild keyword.

Legislation


2007 Regular Session

HOUSE BILL 1386

File Code: Taxes - Property Crossfiled with: SENATE BILL 962
Sponsored By:
Delegates Bartlett, Barve, Cardin, Doory, Elmore, George, Gilchrist, Hixson, Howard, Ivey, Jennings, Kaiser, N. King, Krebs, McKee, Murphy, Olszewski, Rice, Ross, Stukes, F. Turner, and Walker
Entitled:
Agricultural Ownership Entities - Homestead Tax Credit

Synopsis:

Altering definitions under the Homestead Property Tax Credit law to include shareholders in a family corporation, as defined, and partners in general partnerships within the definition of "homeowner" for purposes of the credit under specified circumstances; applying the Act to tax years beginning after June 30, 2007; authorizing the State Department of Assessments and Taxation to accept specified applications for the credit on or before September 30, 2007; etc.

History by Legislative and Calendar Date

House Action
3/5
First Reading House Rules and Executive Nominations
3/12
Re-referred Ways and Means
3/14
Hearing 3/23 at 1:00 p.m.
3/24
Favorable with Amendments Report by Ways and Means
3/21
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (138-0)
4/1
Returned Passed
Senate Action
3/24
First Reading Budget and Taxation
4/5
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Action after passage in House and Senate
4/24
Approved by the Governor
- Chapter 209

Sponsored by:

Delegate Joseph R. Bartlett, District 4A
Delegate Kumar P. Barve, District 17
Delegate Jon S. Cardin, District 11
Delegate Ann Marie Doory, District 43
Delegate D. Page Elmore, District 38A
Delegate Ronald A. George, District 30
Delegate Jim Gilchrist, District 17
Delegate Sheila E. Hixson, District 20
Delegate Carolyn J. B. Howard, District 24
Delegate Jolene Ivey, District 47
Delegate J. B. Jennings, District 7
Delegate Anne R. Kaiser, District 14
Delegate Nancy J. King, District 39
Delegate Susan W. Krebs, District 9B
Delegate Robert A. McKee, District 2A
Delegate Peter Murphy, District 28
Delegate John A. Olszewski, Jr., District 6
Delegate Craig L. Rice, District 15
Delegate Justin D. Ross, District 22
Delegate Melvin Stukes, District 44
Delegate Frank S. Turner, District 13
Delegate Jay Walker, District 26

Bill indexed under the following Subjects:

Agriculture -see also- Farmland
Assessments and Taxation, Department of
Corporations -see also- Municipal Corps; Public Corps & Inst
Farmland
Partnerships
Property Tax
Real Property
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - Property
( 9-105 , 9-105 , 9-105 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 395067/01     Offered on: March 24, 2007   at: 1:24 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 22, 2007: Third Reading Passed (138-0)
Senate
April 2, 2007: Third Reading Passed (47-0)
Click to return on the top page