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)