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S01002 Summary:

BILL NOS01002
 
SAME ASSAME AS A01941
 
SPONSORLITTLE
 
COSPNSR
 
MLTSPNSR
 
Amd S606, Tax L
 
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 5 years; provides that such credit shall not apply to taxpayers who have claimed the real property tax circuit breaker credit during the taxable year.
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