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HJ122: Constitutional amendment; localities computation of real estate taxes (first reference).

Chief Patron

Del. Manoli Loupassi (R-68)

Manoli Loupassi (R-68)
Served: 2008–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate

Status

01/18/2008: Failed to Pass in Committee

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Summary

Constitutional amendment (first resolution); real estate tax partial exemption. Requires localities to compute real estate taxes based on no more than a five percent increase in the assessed value on the primary residence of an owner after he has occupied it for five years. The taxes of any new owner of the dwelling shall be based on fair market value until the new owner has occupied the dwelling for five years.

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Bill Text

Related Bills

Introduced: January 02, 2008
Status: in subcommittee

: Constitutional amendment; exempts certain homeowners from taxation (submitting to qualified voters).

Introduced: December 05, 2007
Status: Failed to Pass in Committee

: Constitutional amendment; assessments of real property and tax rates (first reference).

Introduced: December 26, 2007
Status: signed by governor

: Real estate tax; exemption or deferral for certain elderly and handicapped persons.

Introduced: January 17, 2008
Status: signed by governor

: Real estate tax; exemptions for elderly and handicapped persons in certain cities and counties.

Introduced: November 28, 2007
Status: Failed to Pass in Committee

: Constitutional amendment; exempts certain homeowners from taxation (second reference).

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