HOUSE BILL 9

Sponsored By:

Delegates Leopold, James, Cadden, Ramirez, Boschert, DeBoy, Gaines, Gilleland, McMillan, Shank, Sophocleus, and Sossi

Entitled:

Property Tax - Homeowners' Property Tax Credit - Computation

Synopsis:

Altering the definition of "total real property tax" so as to alter the application of the $150,000 limitation on the assessed value of a dwelling used for calculating the homeowners' 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; and applying the Act to tax years beginning after June 30, 2005.

History by Legislative Date

House Action

07/6

Pre-filed

1/12

First Reading Ways and Means

2/2

Hearing 2/18 at 1:30 p.m.

2/10

Hearing cancelled

Hearing 2/23 at 1:00 p.m.

3/21

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate John R. Leopold, District 31

Delegate David G. Boschert, District 33A

Delegate Joan Cadden, District 31

Delegate Steven J. DeBoy, Sr., District 12A

Delegate Tawanna P. Gaines, District 22

Delegate Terry R. Gilleland, Jr., District 32

Delegate Mary-Dulany James, District 34A

Delegate Herb McMillan, District 30

Delegate Victor R. Ramirez, District 47

Delegate Christopher B. Shank, District 2B

Delegate Theodore Sophocleus, District 32

Delegate Richard A. Sossi, District 36

Bill indexed under the following Subjects:

ASSESSMENTS

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-104 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered