2006 Regular Session

SENATE BILL 277

File Code: Taxes - Property Crossfiled with: HOUSE BILL 275
Sponsored By:
Senator Astle
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; etc.

History by Legislative Date

Senate Action
1/25
First Reading Budget and Taxation
2/15
Hearing 2/22 at 12:30 p.m.
3/22
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (47-0)
4/8
Returned Passed
House Action
3/21
First Reading Ways and Means
3/29
Hearing 4/5 at 1:00 p.m.
4/8
Favorable Report by Ways and Means
4/4
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (138-0)
Action after passage in Senate and House
5/26
Governor vetoed - Duplicative

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):
Senate
Number: 339432/01 (PDF)     Offered on: March 22, 2006   at: 12:13 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 24, 2006: Third Reading Passed (47-0)
House
April 6, 2006: Third Reading Passed (138-0)