Legislation
- Title
- Homestead Property Tax Credit - Portability of Value to New Dwelling
- Sponsored by
- Delegates Hartman, Anderton, Arentz, Arikan, Beitzel, Boteler, Buckel, Chisholm, Cox, Griffith, Hornberger, Jacobs, Kittleman, Krebs, Mangione, Mautz, McComas, McKay, Novotny, Otto, Parrott, Reilly, Rose, Saab, Shoemaker, Thiam, and Wivell
- Status
- In the House - Hearing 2/15 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing the taxable assessment of a new dwelling if a homeowner who previously received the homestead property tax credit purchases a new dwelling within 3 years.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): June 1, 2022
Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
History
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Statutes
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Last Updated: 7/8/2022 2:23 PM