Passed BothConf. Cmte
- Homestead Property Tax Credit – Calculation of Credit for Dwelling Purchased by First–Time Homebuyer
- Sponsored by
- Delegate R. Long
- In the House - Hearing 1/31 at 1:00 p.m.
- Fiscal and Policy Note
Authorizing certain local governments to allow, by law, a first-time homebuyer in the State to calculate the homestead property tax credit for property that includes a newly purchased dwelling using a certain method; requiring that the credit for a newly purchased dwelling be calculated in a certain manner; and providing that a certain homeowner may receive the larger of the homestead property tax credit amounts as calculated using certain methods.
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2023
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Last Updated: 2/1/2023 9:54 AM