File Code: Taxes - Property
- Sponsored By:
-
Delegates McHale, Barkley, Barve, Burns, Busch, Cadden,
V. Clagett, Conroy, D. Davis, DeBoy, Doory, Feldman, Hammen, Haynes,
Hubbard, Hurson, Jameson, Kirk, Krysiak, Love, Marriott, Minnick, Moe,
Petzold, Taylor, and Vaughn
- Entitled:
-
Homeowners' Property Tax Credit - Computation - Maximum Assessment
Increasing from $150,000 to $250,000 the maximum assessed value of a
dwelling used for calculating the homeowners' circuit breaker property
tax credit; altering the application of the limitation in 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.
House Action
- 2/9
- First Reading Ways and Means
- 2/10
- Hearing 2/23 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Brian K. McHale, District 46
- Delegate Charles Barkley, District 39
- Delegate Kumar P. Barve, District 17
- Delegate Emmett C. Burns, Jr., District 10
- Delegate Michael E. Busch, District 30
- Delegate Joan Cadden, District 31
- Delegate Virginia P. Clagett, District 30
- Delegate Mary A. Conroy, District 23A
- Delegate Dereck E. Davis, District 25
- Delegate Steven J. DeBoy, Sr., District 12A
- Delegate Ann Marie Doory, District 43
- Delegate Brian J. Feldman, District 15
- Delegate Peter A. Hammen, District 46
- Delegate Keith E. Haynes, District 44
- Delegate James W. Hubbard, District 23A
- Delegate John Adams Hurson, District 18
- Delegate Sally Jameson, District 28
- Delegate Ruth M. Kirk, District 44
- Delegate Carolyn J. Krysiak, District 46
- Delegate Mary Ann E. Love, District 32
- Delegate Salima Siler Marriott, District 40
- Delegate Joseph J. Minnick, District 6
- Delegate Brian R. Moe, District 21
- Delegate Carol S. Petzold, District 19
- Delegate Herman L. Taylor, Jr., District 14
- Delegate Michael L. Vaughn, District 24
Bill indexed under the following Subjects:
- ASSESSMENTS
- CIRCUIT BREAKER
- 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 (Displayed in PDF Format):
Available
- Amendments:
None offered
