- Homestead Property Tax Credit - Calculation of Credit for Dwelling Purchased by First-Time Homebuyer
- Sponsored by
- Delegate Long
- In the House - Hearing 2/15 at 1:00 p.m.
Authorizing certain local governments to allow, by law, a first-time homebuyer in the State to calculate the homestead property tax credit for property that includes a newly purchased dwelling using a certain method; requiring that the credit for a newly purchased dwelling be calculated in a certain manner; and providing that a certain homeowner may receive the larger of the homestead property tax credit amounts as calculated using certain methods.
Bill File Type: Regular
Effective Date(s): June 1, 2022
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Last Updated: 1/27/2022 2:35 PM