2001 Regular Session

HOUSE BILL 1353

File Code: Taxes - Property
Sponsored By:
Delegate Franchot
Entitled:
Homestead Property Tax Credit - Percentage

Synopsis:

Providing that the homestead credit percentage for county property tax purposes is 104% for a taxable year if the county governing body has not set the percentage for the taxable year or has not notified the Department of Assessments and Taxation of the change as required; providing that a homestead credit percentage set by the governing body of a municipal corporation remains effective until changed by the governing body of the municipal corporation; and applying the Act to tax years beginning after June 30, 2002.

History by Legislative Date

House Action
2/19
First Reading House Rules and Executive Nominations
3/5
Re-referred Ways and Means
3/7
Hearing 3/20 at 1:00 p.m.
Senate Action
No Action
Bill indexed under the following Subjects:
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
PROPERTY TAX
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - Property
( 9-105 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered