2007 Senate Bill 790

Increase homestead property tax income tax credit and cap

Introduced in the Senate

Sept. 19, 2007

Introduced by Sen. John Pappageorge (R-13)

To increase the household income cap for claiming a homestead property tax credit against the state income tax, from $73,650 to 83,650.

Referred to the Committee on Finance

March 27, 2008

Substitute offered

To replace the previous version of the bill with one that also raised the value of the tax credit.

The substitute passed by voice vote

Passed in the Senate 32 to 5 (details)

To increase the household income cap for claiming a homestead property tax credit against the state income tax, from $73,650 to $83,650.

Received in the House

April 8, 2008

Referred to the Committee on Commerce