2005 Regular Session

HOUSE BILL 846

File Code: Taxes - Property
Sponsored By:
Delegates Gordon, V. Clagett, C. Davis, Feldman, Goldwater, Healey, Howard, Hubbard, James, Kaiser, King, and Vaughn
Entitled:
Land Value Taxation - Funding for the Bridge to Excellence in Public Schools Act

Synopsis:

Imposing an annual State tax on assessable property in rate and amount sufficient to provide funding for implementation of the Bridge to Excellence in Public Schools Act; establishing separate property tax classes for land and improvements to land; exempting improvements to land from the State property tax, with specified exceptions; exempting from the State property tax specified portions of the value of agricultural land and land used as a principal place of residence; etc.

History by Legislative Date

House Action
2/10
First Reading Ways and Means
2/23
Hearing 3/23 at 1:00 p.m.
4/11
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate Michael R. Gordon, District 17
Delegate Virginia P. Clagett, District 30
Delegate Clarence Davis, District 45
Delegate Brian J. Feldman, District 15
Delegate Marilyn R. Goldwater, District 16
Delegate Anne Healey, District 22
Delegate Carolyn J. B. Howard, District 24
Delegate James W. Hubbard, District 23A
Delegate Mary-Dulany James, District 34A
Delegate Anne R. Kaiser, District 14
Delegate Nancy J. King, District 39
Delegate Michael L. Vaughn, District 24

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND
ASSESSMENTS
EXEMPTIONS
FARMLAND
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
PROPERTY TAX
PUBLIC SCHOOLS
PUBLIC WORKS, BOARD OF
REAL PROPERTY
STATE AID

Bill affects the following Statutes:

State Finance and Procurement
( 8-134 )
Tax - Property
( 6-201 , 6-301 , 7-301 , 8-101 )

Documents:

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