Altering 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, 2004.

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Sponsored by:

Delegate John R. Leopold, District 31

Delegate Susan L. M. Aumann, District 42

Delegate Joseph R. Bartlett, District 4A

Delegate Joanne C. Benson, District 24

Delegate David G. Boschert, District 33A

Delegate Joan Cadden, District 31

Delegate Robert A. Costa, District 33B

Delegate Jean B. Cryor, District 15

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

Delegate Donald H. Dwyer, Jr., District 31

Delegate Tawanna P. Gaines, District 22

Delegate Terry R. Gilleland, Jr., District 32

Delegate Jeannie Haddaway, District 37B

Delegate Mary-Dulany James, District 34A

Delegate Tony McConkey, District 33A

Delegate Robert A. McKee, District 2A

Delegate Herb McMillan, District 30

Delegate Van T. Mitchell, District 28

Delegate Victor R. Ramirez, District 47

Delegate Justin D. Ross, District 22

Delegate Christopher B. Shank, District 2B

Delegate Michael D. Smigiel, Sr., District 36

Delegate Theodore Sophocleus, District 32

Delegate Richard A. Sossi, District 36

Delegate John G. Trueschler, District 42

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: First Reading (RTF / PDF), Third Reading, Enrolled

Fiscal Note: Available (WORD / PDF)

Amendments: None offered