SENATE BILL 567

File Code: Taxes - Property Crossfiled with: HOUSE BILL 854

Sponsored By:

Senator Stone

Entitled:

Property Tax - Homeowners' Property Tax Credit - Computation

Synopsis:

Increasing from $150,000 to $200,000 the maximum assessed value of a dwelling on which the homeowners' circuit breaker property tax credit is calculated; altering the computation of the credit; and applying the Act to tax years beginning after June 30, 2003.

History by Legislative Date

Senate Action

1/31

First Reading Budget and Taxation

2/7

Hearing 2/19 at 1:30 p.m.

2/28

Hearing 3/12 at 1:30 p.m.

3/17

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

ASSESSMENTS

CIRCUIT BREAKER

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-104 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered