File Code: Taxes - Property
Prior Year Introduction As: HB 860/95 - W&M
- Sponsored By:
-
Delegate Frank (By Request)
- Entitled:
-
Property Tax - Assessment Freeze for Elderly Homeowners
Prohibiting an increase in the property tax assessment of qualifying
owner-occupied residential real property owned by an individual who is
at least 65 years of age and whose income is less than $50,000, except
under specified circumstances; requiring the Department of Assessments
and Taxation to adopt regulations; providing for the Act to apply to
assessments for taxable years beginning after July 1, 1997; etc.
House Action
- 1/11
- First Reading Ways and Means
- 2/5
- Hearing 2/14 at 11:00 a.m.
- 2/9
- Hearing cancelled
- 2/16
- Hearing 2/29 at 11:00 a.m.
- 2/23
- Hearing cancelled
- Hearing 3/12 at 1:00 p.m.
- 3/20
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Bill indexed under the following Subjects:
- ASSESSMENTS
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- ELDERLY PERSONS
- PROPERTY TAX -see also- ASSESSMENTS
- RULES AND REGULATIONS
- Bill affects the following Statute:
- Tax - Property
- (
8-241
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available