2007 Regular Session

HOUSE BILL 1021

File Code: Taxes - Property
Sponsored By:
Delegates Taylor, Holmes, and Manno
Entitled:
Property Tax - Assessment Growth Limit

Synopsis:

Limiting the annual increase in the property tax assessment of real property owned by an individual who has occupied and maintained the property as the owner's principal residence for at least 25 years to the annual percentage increase in a specified Consumer Price Index; applying the Act to tax years beginning after June 30, 2008; etc.

History by Legislative and Calendar Date

House Action
2/9
First Reading Ways and Means
2/14
Hearing 3/14 at 1:00 p.m.
3/19
Withdrawn
Senate Action
No Action

Sponsored by:

Delegate Herman L. Taylor, Jr., District 14
Delegate Marvin E. Holmes, Jr., District 23B
Delegate Roger Manno, District 19

Bill indexed under the following Subjects:

Assessments
Property Tax
Real Property

Bill affects the following Statute:

Tax - Property
( 8-241 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered