Requiring that the agricultural land transfer tax revenue attributable to transfers of parcels of land that are at least 80% woodland, rather than entirely woodland, be remitted by each county to the Comptroller for certain purposes; increasing, from $200,000 to $500,000, the annual amount of certain revenue that is remitted to the Comptroller from the agricultural land transfer tax that is deposited into the Mel Noland Woodland Incentives Fund; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2020
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
Last Updated: 2/28/2020 2:14 PM