SENATE BILL 40

Sponsored By:

Senator DeGrange

Entitled:

Property Tax - Homeowners' Tax Credits

Synopsis:

Authorizing homeowners to apply for a homeowners' property tax credit within 3 years after April 15 of the taxable year for which the credit is sought, if the homeowner is 70 years old as of the taxable year for which the credit is sought and was eligible for the homeowners' property tax credit during the taxable year for which the credit is sought; requiring the Comptroller to pay eligible homeowners the property tax credit due under the Act upon certification by the Department; etc.

History by Legislative Date

Senate Action

10/15

Pre-filed

1/9

First Reading Budget and Taxation

Hearing 1/16 at 4:00 p.m.

1/28

Favorable Report by Budget and Taxation

1/29

Favorable Report Adopted

Second Reading Passed

1/31

Third Reading Passed (47-0)

3/31

Returned Passed

5/16

Signed by the Governor Chapter 445

House Action

2/1

First Reading Ways and Means

3/20

Hearing 3/28 at 1:00 p.m.

3/29

Favorable Report by Ways and Means

3/28

Favorable Report Adopted

Second Reading Passed

3/29

Third Reading Passed (131-0)

Bill indexed under the following Subjects:

ASSESSMENTS AND TAXATION, DEPARTMENT OF

CIRCUIT BREAKER

COMPTROLLER

ELDERLY PERSONS

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-104 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

January 31, 2002: Third Reading Passed (47-0)

House

March 29, 2002: Third Reading Passed (131-0)