HOUSE BILL 47

File Code: Taxes - Property

Sponsored By:

Delegates Cluster and Boteler

Entitled:

Property Tax - Homeowners' Property Tax Credit - Income Limitations

Synopsis:

Altering the definition of "gross income" under the homeowners' property tax credit to exclude benefits under the Social Security Act and the Railroad Retirement Act; and applying the Act to tax years beginning after June 30, 2006.

History by Legislative Date

House Action

10/24

Pre-filed

1/11

First Reading Ways and Means

1/25

Hearing 2/8 at 11:00 a.m.

2/27

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate John W. E. Cluster, Jr., District 8

Delegate Joseph C. Boteler, III, District 8

Bill indexed under the following Subjects:

PROPERTY TAX

RAILROADS

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

SOCIAL SECURITY

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Tax - Property

( 9-104 , 9-104 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered