2000 Regular Session

HOUSE BILL 987

File Code: Taxes - Miscellaneous
Sponsored By:
Delegates Rawlings, Fulton, and Marriott
Entitled:
Reservoir Hill Redevelopment Tax Credits

Synopsis:

Allowing a credit against the State income tax for 75% of the costs of rehabilitating real property located in Reservoir Hill in Baltimore City; limiting the credit to the amount assigned for the real property by Reservoir Hill, H.O.P.E., Inc.; authorizing Reservoir Hill, H.O.P.E., Inc. to assign available tax credits to real property in Reservoir Hill in need of rehabilitation; requiring Baltimore City to grant a property tax credit on real property in Reservoir Hill that is rehabilitated; etc.

History by Legislative Date

House Action
2/11
First Reading Ways and Means
2/23
Hearing 3/9 at 1:00 p.m.
3/21
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Howard P. Rawlings, District 40
Delegate Tony E. Fulton, District 40
Delegate Salima Siler Marriott, District 40
Bill indexed under the following Subjects:
BALTIMORE CITY
INCOME TAX
PROPERTY TAX
REAL PROPERTY
TAX CREDITS -see also- CIRCUIT BREAKER
URBAN RENEWAL -see also- COMMERCIAL REHABILITATION
Bill affects the following Statutes:
Tax - General
( 10-718 )
Tax - Property
( 9-304 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered