Legislation
- Title
- Property Tax - Homeowners' Property Tax Credit - Calculation and Refunds
- Sponsored by
- Senators Zucker, McCray, Carter, Feldman, Hayes, Kagan, King, Kramer, Lee, Smith, Sydnor, Waldstreicher, and Washington
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 718
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering, for purposes of the homeowners' property tax credit, the definition of "total real property tax" to exclude any adjustments based on other property tax credits against the property tax imposed on a dwelling; requiring the State Department of Assessments and Taxation to determine whether a homeowner is owed additional homeowners' property tax credits in the form of a refund for certain taxable years as a result of the Act; requiring the Comptroller to pay a refund from the Local Reserve Account; etc.
Committees
- Opposite:
- Ways and Means
Committee Testimony
Details
Cross-filed with: HB0158
Bill File Type: Regular
Effective Date(s): June 1, 2021
Bill imposes a mandated appropriation in the annual State Budget Bill
History
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Statutes
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Last Updated: 6/15/2021 8:21 AM