Legislation

Title: Property Tax - Credits for Property in Neighborhood Conservation Area
Sponsored by: Delegate Lafferty
Status: In the House - Hearing 2/10 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing a property tax credit against the State property tax imposed on specified real property located in a neighborhood conservation area under specified circumstances; establishing the amount of the property tax credit, subject to a specified limitation; and requiring that specified properties be purchased from July 1, 2012, through June 30, 2021, to qualify for a specified county or municipal corporation property tax credit for specified owner-occupied, residential real property in designated areas; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Introduced in a prior session as: HB0335 Session: 2015 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2016

History

Legislation History
Chamber House Calendar Date 1/19/2016 Legislative Date 1/20/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/28/2016 Legislative Date 1/28/2016 Action Hearing 2/10 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/19/2016	1/20/2016	First Reading Ways and Means
House	1/28/2016	1/28/2016	Hearing 2/10 at 1:00 p.m.

Documents

Date Posted	Document Name
1/20/2016	Text - First - Property Tax - Credits for Property in Neighborhood Conservation Area

File Code

Subjects

Statutes