1997 Regular Session

SENATE BILL 23

File Code: Property Prior Year Introduction As: SB 80/96 - B&T
Sponsored By:
Senator Sfikas
Entitled:
Homeowners' Property Tax Credit - Computation - Medical Expenses

Synopsis:

Altering the method for computing the homeowners' property tax credit to allow for an adjustment for medical expenses that exceed 6.5% of gross income; defining "combined income" and "net income" for the purpose of computing the credit; and providing for the Act to be applicable to all taxable years beginning after June 30, 1998.

Legislative History

Senate Action
10/24
Pre-filed
1/8
First Reading Budget and Taxation
Hearing 1/16 at 1:30 p.m.
1/27
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subjects:
HEALTH -see also- MENTAL HEALTH
PROPERTY TAX -see also- ASSESSMENTS
TAX CREDITS
Bill affects the following Statutes:
Tax - Property
( 9-104 , 9-104 , 9-104 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)