- Title
- Property Tax – Homeowners’ Property Tax Credit – Calculation and Refunds
- Sponsored by
- Delegates Carr, Bagnall, Belcastro, Cox, Crutchfield, Henson, Hornberger, C. Jackson, Johnson, D. Jones, Kerr, Krimm, R. Lewis, Lierman, McComas, Palakovich Carr, Saab, Solomon, and Terrasa
- Status
- In the House - Hearing 1/26 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Altering, for purposes of the homeowners' property tax credit, the definition of "total real property tax" to exclude any adjustments based on other property tax credits against the property tax imposed on a dwelling; requiring the State Department of Assessments and Taxation to determine whether a homeowner is owed refund of property taxes paid by the homeowner for certain taxable years as a result of the Act; requiring the Comptroller to pay a refund from the Local Reserve Account; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Cross-filed with: SB0593
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2021
Bill imposes a mandated appropriation in the annual State Budget Bill
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
Last Updated: 2/22/2021 9:35 AM