Legislation
- Title
- Personal Property Tax - Investments in Maryland
- Sponsored by
- Delegates Fisher, Adams, Arentz, Buckel, Cluster, Folden, Hornberger, S. Howard, Impallaria, Jacobs, Kipke, McConkey, McKay, Metzgar, W. Miller, Morgan, Ready, Rey, Saab, Szeliga, and C. Wilson
- Status
- In the House - Hearing 2/18 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Providing an exemption from personal property tax for property that is owned by a business that has organized under the laws of Maryland during the current tax year or that relocates its headquarters to Maryland during the current tax year; exempting specified personal property from a property tax imposed by a county or municipality for all taxable years beginning after June 30, 2017; providing that specified personal property remains subject to a county or municipal corporation property tax; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): June 1, 2015
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
History
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Documents
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Date Posted | Document Name |
---|---|
1/28/2015 | Text - First - Personal Property Tax - Investments in Maryland |
File Code
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Subjects
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Statutes
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(
7-245, 7-402 )
Last Updated: 2/3/2020 2:28 PM