Renters' Property Tax Relief and Homeowners' Property Tax Credit Programs - Gross Income and Assessed Value Limitations - Alterations
Sponsor: Lorig Charkoudian (District 20)Committee: Ways and MeansSubject: Taxes - PropertyStatus: Hearing 2/01 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
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.
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Testimony (16)
MGA witness listFAV 14FavorableFWA 1Favorable with amendmentsINFO 1Information only
Organizations on record
Community Law CenterFAV 1
Registered lobbyists who testified
FAVGallagher, ZoeEconomic Action MarylandRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland
FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy
