Legislation
- Title
- State Education Aid - Real Property Valuation - Tax Increment Financing
- Sponsored by
- Delegates McIntosh, M. Washington, Brooks, Barron, Ebersole, Fennell, Frush, Healey, Lafferty, Lierman, Patterson, B. Robinson, Stein, Tarlau, Waldstreicher, and K. Young
- Status
- Approved by the Governor - Chapter 258
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring the State Department of Assessments and Taxation to certify annually the amount of assessable base for real property located in a specified development district; applying the Act to the calculation of payment of State education aid to counties and Baltimore City for fiscal years beginning after June 30, 2017; declaring the intent of the General Assembly that specified recommendations regarding education funding shall consider the impact of economic development incentives in low wealth jurisdictions on State education aid; etc.
Committees
- Original:
- Appropriations Click to view Recorded Media
Details
Cross-filed with: SB0455
Bill File Type: Regular
Effective Date(s): June 1, 2016
Bill imposes a mandated appropriation in the annual State Budget Bill
History
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5-202 )
Last Updated: 2/3/2020 2:28 PM