Bill Title: Establishes a personal income tax credit for a portion of a taxpayer's residential real property taxes which exceeds a certain percentage of the taxpayer's household gross income; provides that the taxpayer shall have resided in such residential real property for not less than 10 years; provides that such credit shall not apply to taxpayers whose household gross income exceeds $250,000 or who have received the school tax relief exemption on such real property.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S01324 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Velmanette Montgomery [D]	Primary	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Leroy Comrie [D]	Cosponsor	Sponsored Bills	SD-014	FollowTheMoney	Ballotpedia	VoteSmart

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