HOUSE BILL 133

Sponsored By:

Delegate Frank (By Request)

Entitled:

Property Tax - Assessment Freeze for Elderly Homeowners

Synopsis:

Prohibiting an increase in the property tax assessment of qualifying owner-occupied residential real property owned by an individual who is at least 65 years of age and whose income is less than $50,000, except under specified circumstances; requiring the Department of Assessments and Taxation to adopt regulations; providing for the Act to apply to assessments for taxable years beginning after July 1, 1997; etc.

Legislative History

House Action

1/11

First Reading Ways and Means

2/5

Hearing 2/14 at 11:00 a.m.

2/9

Hearing cancelled

2/16

Hearing 2/29 at 11:00 a.m.

2/23

Hearing cancelled

Hearing 3/12 at 1:00 p.m.

3/20

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

ASSESSMENTS

ASSESSMENTS AND TAXATION, DEPARTMENT OF

ELDERLY PERSONS

PROPERTY TAX -see also- ASSESSMENTS

RULES AND REGULATIONS

Bill affects the following Statute:

Tax - Property

( 8-241 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available