2006 Regular Session

SENATE BILL 211

File Code: Taxes - Property Crossfiled with: HOUSE BILL 68
Sponsored By:
Senators Jacobs, Colburn, Harris, Hooper, and Mooney
Entitled:
Homeowner's Property Tax Assessment Cap

Synopsis:

Reducing the State homestead property tax credit percentage from 110% to 105%; reducing from 110% to 105% the maximum homestead property tax credit percentage for counties and municipalities; applying the Act to tax years beginning after June 30, 2007; and providing for the termination of the Act.

History by Legislative Date

Senate Action
1/23
First Reading Budget and Taxation
2/15
Hearing 2/22 at 12:30 p.m.
House Action
No Action

Sponsored by:

Senator Nancy Jacobs, District 34
Senator Richard F. Colburn, District 37
Senator Andrew P. Harris, District 7
Senator J. Robert Hooper, District 35
Senator Alexander X. Mooney, District 3

Bill indexed under the following Subjects:

ASSESSMENTS
PROPERTY TAX
SUNSET
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: None offered