File Code: Taxes - Property
- Sponsored By:
-
Delegate G. Clagett
- Entitled:
-
Homeowners' Property Tax Credit - Computation - Maximum Assessment
Altering the application of the limitation on the assessed value of a
dwelling use for calculating the homeowners' circuit breaker property
tax credit, to provide for application of the limitation after
reducing the assessed value of the dwelling by the amount of any
assessment on which the homestead property tax credit is granted;
increasing from $150,000 to $250,000 the maximum assessed value used
for calculating the credit for homeowners who are at least 65 years
old as of July 1 of the taxable year; etc.
House Action
- 2/11
- First Reading Ways and Means
- 2/15
- Hearing 2/23 at 1:00 p.m.
- 2/17
- Hearing cancelled
- 3/7
- Withdrawn
Senate Action
- No Action
Bill indexed under the following Subjects:
- ASSESSMENTS
- CIRCUIT BREAKER
- ELDERLY PERSONS
- PROPERTY TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
- Tax - Property
- (
9-104
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note:
Not available at this time
- Amendments:
None offered
