VA SJR81 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on January 29 2008 - 50% progression, died in chamber
Action: 2008-03-03 - House: Left in Rules
Status: Engrossed on January 29 2008 - 50% progression, died in chamber
Action: 2008-03-03 - House: Left in Rules
Summary
Study; income tax credits for certain homeowners based upon real property taxes and annual income; report. Requests the Department of Taxation to study implications of a state income tax credit for homeowners with annual real property taxes exceeding a certain percentage of their annual incomes. In conducting its study, the Department of Taxation shall (i) examine state constitutional and statutory issues regarding real property tax exemptions, (ii) study the effectiveness and efficiency of local real property tax relief programs, (iii) study thresholds for real property tax liability used by other states for triggering eligibility for state income tax credits or other state assistance, (iv) consider the percentage of annual income that annual real property taxes would have to exceed for purposes of determining eligibility for state income tax credits, (v) examine the ability of low and moderate income homeowners to pay real property taxes, and (vi) consider such other issues as it deems appropriate.
Title
Homeowners; Dept of Tax. to study implications of income tax credit based upon property taxes.
Sponsors
Sen. John Miller [D] |
History
Date | Chamber | Action |
---|---|---|
2008-03-03 | House: Left in Rules | |
2008-02-11 | House: Referred to Committee on Rules | |
2008-02-11 | House: Placed on Calendar | |
2008-01-30 | Senate: Communicated to House | |
2008-01-30 | Senate: Agreed to by Senate by voice vote | |
2008-01-30 | Senate: Read third time | |
2008-01-29 | Senate: Engrossed by Senate - committee substitute SJ81S1 | |
2008-01-29 | Senate: Committee substitute agreed to 087309275-S1 | |
2008-01-29 | Senate: Reading of substitute waived | |
2008-01-29 | Senate: Read second time | |
2008-01-28 | Senate: Reading waived (40-Y 0-N) | |
2008-01-25 | Senate: Reported from Rules with substitute by voice vote | |
2008-01-25 | Senate: Committee substitute printed 087309275-S1 | |
2008-01-09 | Senate: Referred to Committee on Rules | |
2008-01-09 | Senate: Prefiled and ordered printed; offered 01/09/08 086538284 |
Subjects
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SJ81 |