Maryland House Bill 411 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 23 2020 - 25% progression, died in committee
Action: 2020-01-23 - Hearing 2/06 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

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; providing that a certain homeowner may receive the larger of the homestead property tax credit amounts as calculated using certain methods; and applying the Act to taxable years beginning after June 30, 2020.

Homestead Property Tax Credit - Calculation of Credit for Dwelling Purchased by First-Time Homebuyer

Del. Bob Long [R]

Date	Chamber	Action
2020-01-23	House	Hearing 2/06 at 1:00 p.m.
2020-01-23	House	First Reading Ways and Means

HB411 (Carry Over) 2020-01-23 - Hearing 2/06 at 1:00 p.m.

Chapter	Article	Section	Citation Type	Statute Text
Tax - Property	9	105	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0411?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/hb/hb0411f.pdf