File Code: Taxes - Property
Crossfiled with: HOUSE BILL 313
- Sponsored By:
-
The President (By Request - Administration) and Senators
Brinkley, Colburn, Giannetti, Greenip, Haines, Hooper, Jacobs,
Kasemeyer, Kittleman, Mooney, Munson, Schrader, Stoltzfus, Stone, and
Teitelbaum
- Entitled:
-
Homeowners' Property Tax Credit - Calculation
Excluding from the definition of "assets" for purposes of the
homeowners' property tax credit the cash value of any qualified
retirement savings plans or individual retirement accounts; including
withdrawals from these accounts in "gross income" for purposes of the
credit; increasing the maximum assessment against which the credit may
be calculated from $150,000 to $300,000; altering the calculation of
the credit; etc.
Senate Action
- 1/23
- First Reading Budget and Taxation
- Motion Rules Suspended Referred (Senator Green) Adopted
- Referred Budget and Taxation
- 2/9
- Hearing 2/16 at 8:00 a.m.
House Action
- No Action
Sponsored by:
- President of the Senate
- Administration
- Senator David R. Brinkley, District 4
- Senator Richard F. Colburn, District 37
- Senator John A. Giannetti, Jr., District 21
- Senator Janet Greenip, District 33
- Senator Larry E. Haines, District 5
- Senator J. Robert Hooper, District 35
- Senator Nancy Jacobs, District 34
- Senator Edward J. Kasemeyer, District 12
- Senator Allan H. Kittleman, District 9
- Senator Alexander X. Mooney, District 3
- Senator Donald F. Munson, District 2
- Senator Sandra B. Schrader, District 13
- Senator J. Lowell Stoltzfus, District 38
- Senator Leonard H. Teitelbaum, District 19
Bill indexed under the following Subjects:
- ASSESSMENTS
- PROPERTY TAX
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
- Tax - Property
- (
9-104
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered