MD HB44 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-17 - Hearing 2/01 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-17 - Hearing 2/01 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the definition of "gross income" to exclude public assistance received in a cash grant for purposes of the renters' property tax relief program and the homeowners' property tax credit program; increasing the combined gross income limit used to determine eligibility for the tax credits; and increasing, from $300,000 to $450,000, the maximum assessed value of a dwelling on which the homeowners' property tax credit is calculated.
Title
Renters' Property Tax Relief and Homeowners' Property Tax Credit Programs - Gross Income and Assessed Value Limitations - Alterations
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-01-17 | House | Hearing 2/01 at 1:00 p.m. |
2024-01-10 | House | First Reading Ways and Means |
2023-10-25 | House | Pre-filed |
Same As/Similar To
SB343 (Crossfiled) 2024-01-13 - Hearing 1/24 at 1:00 p.m.
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 9 | 102 | (n/a) | See Bill Text |
Tax - Property | 9 | 104 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0044?ys=2024RS |
Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0044f.pdf |