2007 Regular Session

SENATE BILL 319

File Code: Taxes - Property
Sponsored By:
Senator Exum
Entitled:
Property Tax - Homeowners' Property Tax Credit

Synopsis:

Altering the computation of the homeowners' circuit breaker property tax credit; increasing from $200,000 to $300,000 the maximum combined net worth that a homeowner may have to qualify for the credit; and applying the Act to tax years beginning after June 30, 2007.

History by Legislative and Calendar Date

Senate Action
1/31
First Reading Budget and Taxation
2/7
Hearing 2/21 at 1:00 p.m.
3/12
Unfavorable Report by Budget and Taxation
House Action
No Action

Bill indexed under the following Subjects:

Circuit Breaker
Property Tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - Property
( 9-104 )

Documents:

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