- Small Business Personal Property Tax Relief Act of 2018
- Sponsored by
- Delegates Malone, Arentz, Carozza, Ciliberti, Clark, Flanagan, Hornberger, Kipke, Kittleman, McComas, Metzgar, W. Miller, Morgan, Saab, Shoemaker, and Szeliga
- In the House - Hearing 3/06 at 1:00 p.m.
- Fiscal and Policy Note
Exempting from the personal property tax persons with certain personal property that has a total assessed value of $10,000 or less for the taxable year beginning after December 31, 2018, and each taxable year thereafter; requiring a person annually to apply for a certain exemption to the State Department of Assessments and Taxation by a certain time; requiring the Department to establish application procedures for the personal property tax exemption under the Act; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2018
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
( 11-101, 7-245 )
Last Updated: 2/3/2020 2:33 PM