2006 Regular Session

SENATE BILL 854

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 1260
Sponsored By:
Senator Forehand
Entitled:
Municipal Corporations - Building Excise Tax

Synopsis:

Authorizing municipal corporations to impose, by ordinance or resolution, a building excise tax on all types of building construction within a municipal corporation; requiring a municipal corporation to specify in the ordinance or resolution the types of building construction subject to tax, the criteria and formulas used to assess the tax, and the tax rates; authorizing a municipal corporation to impose different rates of the building excise tax on different types of building construction subject to the tax; etc.

History by Legislative Date

Senate Action
2/8
First Reading Senate Rules
2/16
Re-referred Budget and Taxation
3/1
Hearing 3/14 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

CONSTRUCTION
DEVELOPMENT FEES AND TAXES
EXCISE TAX
EXEMPTIONS
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
PUBLIC WORKS
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Article - 23A Corporations - Municipal
( 8A )

Documents:

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