MD SB407 | 2017 | Regular Session

Maryland Senate Bill 407 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 27 2017 - 25% progression, died in committee
Action: 2017-02-22 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering, for purposes of determining eligibility for the homeowners' property tax credit, a specified limitation on a homeowner's combined gross income amount for credits granted for taxable years beginning after June 30, 2018, based on a specified cost-of-living adjustment percentage; etc.

Title

Homeowners' Property Tax Credit - Eligibility - Cost-of-Living Adjustment

History

Date	Chamber	Action
2017-02-22	Senate	Hearing 2/22 at 1:00 p.m.
2017-01-27	Senate	First Reading Budget and Taxation

Subjects

Assessments and Taxation, Department of
Consumer Price Index
Property Tax
Tax Credits
Taxes - Property

Maryland State Sources

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0407?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/sb/sb0407f.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0007/sb0407.pdf