2008 Regular Session

SENATE BILL 495

File Code: Taxes - Property
Sponsored By:
Senators Haines, Brinkley, Colburn, Dyson, Edwards, Middleton, and Stoltzfus
Entitled:
Homestead Property Tax Credit - Farm or Agricultural Use Land

Synopsis:

Expanding the definition of a dwelling that qualifies for the homestead property tax credit to include specified homes that are located on parcels of land that are recognized by the Department of Assessments and Taxation to be actively used for farm or agricultural purposes; providing for exceptions if the dwelling is not occupied for the required time period; providing that a homeowner may claim a homestead property tax credit for two dwellings under specified circumstances; 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

Sponsored by:

Senator Larry E. Haines, District 5
Senator David R. Brinkley, District 4
Senator Richard F. Colburn, District 37
Senator Roy P. Dyson, District 29
Senator George C. Edwards, District 1
Senator Thomas M. Middleton, District 28
Senator J. Lowell Stoltzfus, District 38

Bill indexed under the following Subjects:

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

Bill affects the following Statutes:

Tax - Property
( 9-105 , 9-105 , 9-105 )

Documents:

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