File Code: Taxes - Property
- Sponsored By:
-
Delegate Manno
- Entitled:
-
Homeowners' Property Tax Credit - Assessment Limit
Increasing from $300,000 to $450,000 the maximum assessed value of a
dwelling on which the Homeowners' Property Tax Credit is computed;
increasing the maximum assessed value of a dwelling on which the
credit is computed for taxable years beginning after June 30, 2011, by
a cost-of-living adjustment percentage determined by the Department of
Assessments and Taxation based on the increase in the Consumer Price
Index; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/18
- First Reading Ways and Means
- Hearing 3/25 at 1:00 p.m.
Senate Action
- No Action
Bill indexed under the following Subjects:
- Assessments and Taxation, Department of
- Circuit Breaker
- Property Tax
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statutes:
- Tax - Property
- (
9-104 ,
9-104
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered