SENATE BILL 761

File Code: Taxes - Property Crossfiled with: HOUSE BILL 1251

Sponsored By:

Senator Stone

Entitled:

Homeowner's Property Tax Credit - Cost-of-Living Adjustment

Synopsis:

Altering the computation of the homeowner's property tax credit for all taxable years beginning after June 30, 2009, based on a specified cost-of-living adjustment percentage; requiring the Department of Assessments and Taxation to determine the cost-of-living adjustment percentage by October 1 each year based on the increase in a specified consumer price index for a specified period; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.

Senate Action

2/1

First Reading Budget and Taxation

2/20

Hearing 3/6 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Assessments and Taxation, Department of

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