HOUSE BILL 275

CHAPTER NUMBER: 169 File Code: Taxes - Property Crossfiled with: SENATE BILL 277

Sponsored By:

Delegate V. Clagett

Entitled:

Homestead Tax Credit - Eligibility - Razed Property and Substantially Improved Property

Synopsis:

Providing that a homeowner otherwise eligible for the homestead property tax credit who does not actually reside in a dwelling for the required period of time under specified circumstances may continue to qualify for the credit for specified tax years; providing that the full benefit of the homestead property tax credit existing at the commencement of a specified taxable year may not be diminished, subject to specified exceptions; providing for the retroactive application of the Act; etc.

History by Legislative Date

House Action

1/25

First Reading Ways and Means

2/1

Hearing 2/15 at 1:00 p.m.

3/6

Favorable with Amendments Report by Ways and Means

3/7

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/9

Third Reading Passed (137-0)

4/5

House Concur - Senate Amendments

Third Reading Passed (140-0)

Passed Enrolled

Senate Action

3/10

First Reading Budget and Taxation

4/4

Favorable with Amendments Report by Budget and Taxation

4/2

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/3

Third Reading Passed with Amendments (47-0)

Action after passage in House and Senate

4/25

Signed by the Governor Chapter 169

Bill indexed under the following Subjects:

ASSESSMENTS

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-105 )

Documents:

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

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

House

Number: 555965/01 (PDF)     Offered on: March 7, 2006   at: 11:01 a.m.     Status: Adopted

Senate

Number: 479037/01 (PDF)     Offered on: April 5, 2006   at: 1:01 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 9, 2006: Third Reading Passed (137-0)

April 5, 2006: Third Reading Passed (140-0)

Senate

April 3, 2006: Third Reading Passed (47-0)