HOUSE BILL 976

File Code: Taxes - Income

Sponsored By:

Delegate Ross

Entitled:

Income Tax Credit - Qualified Homes

Synopsis:

Providing individuals a credit against the State income tax for the purchase of an owner-occupied home in a priority funding area; applying the Act to taxable years beginning after December 31, 2006; etc.

History by Legislative and Calendar Date

House Action

2/9

First Reading Ways and Means

2/14

Hearing 3/15 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Housing -see also- Apartments; Condominiums; Mobile Homes

Income Tax

Real Property

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered