Legislation - HB0044

Title: Renters' Property Tax Relief and Homeowners' Property Tax Credit Programs - Gross Income and Assessed Value Limitations - Alterations
Sponsored by: Delegate Charkoudian
Status: In the House - Hearing 2/01 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "gross income" to exclude public assistance received in a cash grant for purposes of the renters' property tax relief program and the homeowners' property tax credit program; increasing the combined gross income limit used to determine eligibility for the tax credits; and increasing, from $300,000 to $450,000, the maximum assessed value of a dwelling on which the homeowners' property tax credit is calculated.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0343

Bill File Type: Pre-Filed

Effective Date(s): June 1, 2024

History

Legislation History
Chamber House Calendar Date 10/25/2023 Legislative Date 10/25/2023 Action Pre-filed Proceedings
Chamber House Calendar Date 1/10/2024 Legislative Date 1/10/2024 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Renters' Property Tax Relief and Homeowners' Property Tax Credit Programs - Gross Income and Assessed Value Limitations - Alterations Proceedings
Chamber House Calendar Date 1/17/2024 Legislative Date 1/17/2024 Action Hearing 2/01 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/25/2023	10/25/2023	Pre-filed
House	1/10/2024	1/10/2024	First Reading Ways and Means
			Text - First - Renters' Property Tax Relief and Homeowners' Property Tax Credit Programs - Gross Income and Assessed Value Limitations - Alterations
House	1/17/2024	1/17/2024	Hearing 2/01 at 1:00 p.m.

File Code

Subjects

Statutes