File Code: Taxes - Property
Crossfiled with: HOUSE BILL 5
- Sponsored By:
-
Senator Della
- Entitled:
-
Property Tax - Homeowners' Property Tax Credit
Increasing from $150,000 to $250,000 the maximum assessed value of a
dwelling on which the homeowners' property tax credit is calculated;
altering the computation of the credit; increasing from $200,000 to
$300,000 the maximum combined net worth that a homeowner may have to
qualify for the homeowners' circuit breaker property tax credit; and
applying the Act to tax years beginning after June 30, 2006.
Senate Action
- 1/24
- First Reading Budget and Taxation
- 2/9
- Hearing 2/16 at 8:00 a.m.
House Action
- No Action
Bill indexed under the following Subjects:
- ASSESSMENTS
- 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
