Legislation

Title: Personal Property Tax - Exemption for Business Personal Property
Sponsored by: Delegates Fisher, Buckel, Clark, S. Howard, McDonough, McKay, Metzgar, Rey, and West
Status: In the House - Hearing 3/03 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Exempting business personal property from the property tax imposed by a county or municipal corporation, subject to specified exceptions; requiring the State Department of Assessments and Taxation to identify specified provisions of law and submit a specified report to the General Assembly; and applying the Act to taxable years beginning after June 30, 2017.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): June 1, 2017

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

Legislation History
Chamber House Calendar Date 2/10/2017 Legislative Date 2/10/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Personal Property Tax - Exemption for Business Personal Property Proceedings
Chamber House Calendar Date 2/10/2017 Legislative Date 2/10/2017 Action Hearing 3/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/10/2017	2/10/2017	First Reading Ways and Means
			Text - First - Personal Property Tax - Exemption for Business Personal Property
House	2/10/2017	2/10/2017	Hearing 3/03 at 1:00 p.m.

File Code

Subjects

Statutes