Legislation

Title: Property Tax - Credits for Property in Neighborhood Conservation Area
Sponsored by: Delegates Lafferty and Rosenberg
Status: In the House - Hearing 2/18 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, 2020, to qualify for a specified county or municipal corporation property tax credit for specified owner-occupied, residential real property in designated areas.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): June 1, 2015

History

Legislation History
Chamber House Calendar Date 2/04/2015 Legislative Date 2/05/2015 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/09/2015 Legislative Date 2/09/2015 Action Hearing 2/18 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/04/2015	2/05/2015	First Reading Ways and Means
House	2/09/2015	2/09/2015	Hearing 2/18 at 1:00 p.m.

Documents

Date Posted	Document Name
2/05/2015	Text - First - Property Tax - Credits for Property in Neighborhood Conservation Area

File Code

Subjects

Statutes