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ROBERT L. EHRLICH, JR., Governor H.B. 5
May 26, 2006
The Honorable Michael E. Busch
Speaker of the House
State House
Annapolis, MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, today I have
vetoed House Bill 5 — Property Tax - Homeowners' Property Tax Credit and Renters'
Property Tax Relief.
This bill increases from $150,000 to $250,000 the maximum assessed value of a
dwelling on which the homeowners' property tax credit is calculated; alters the
computation of the credit; excludes specified items from the definition of "assets" for
the purpose of the credit; and provides that the credit may not be granted to a
homeowner whose combined income exceeds a specified amount.
Senate Bill 382, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 5.
Very truly yours,
Robert L. Ehrlich, Jr.
Governor
House Bill No. 5
AN ACT concerning
Property Tax - Homeowners' Property Tax Credit and Renters' Property Tax
Relief
FOR the purpose of altering the maximum assessed value of a dwelling on which a
certain homeowners' property tax credit is calculated; altering the computation
of the credit; altering a certain restriction of eligibility for the credit based on a
homeowner's net worth excluding certain items from the definition of "assets"
for purposes of the credit; including certain items in the definition of "gross
income" for purposes of the credit; providing that the credit may not be granted
to a homeowner whose combined income exceeds a certain amount for a certain
calendar year; altering the maximum amount of certain property tax relief
provided to certain renters; providing for the application of this Act; and
generally relating to a certain homeowners' property tax credit and certain
renters' property tax relief.
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-104(a)(13) 9-102(i) and 9-104(a)(2), (8), and (13), (g), and (i)(1)
Annotated Code of Maryland
(2001 Replacement Volume and 2005 Supplement)
- 3499 -
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