File Code: Taxes - Property
- Sponsored By:
-
Delegates Trueschler and Heller
- Entitled:
-
Property Tax - Reassessment of New Construction and Transferred
Property
Creating a new subclass of real property for property tax purposes for
specified real property that during the previous year has either been
transferred for consideration to a new owner or has had substantially
completed improvements that have added between $50,000 and $300,000 of
value to the real property; providing that the assessment of specified
real property is its market value until a specified time and under
specified circumstances; etc.
House Action
- 2/11
- First Reading Ways and Means
- 2/16
- Hearing 3/16 at 1:00 p.m.
- 4/11
- Unfavorable Report by Ways and Means
Senate Action
- No Action
Sponsored by:
- Delegate John G. Trueschler, District 42
- Delegate Henry B. Heller, District 19
Bill indexed under the following Subjects:
- ASSESSMENTS
- PROPERTY TAX
- REAL PROPERTY
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
- Tax - Property
- (
8-101 ,
8-103 ,
8-104 ,
9-105
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered