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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Economic Development - Rural Economic Development Program and One Maryland Tax Credit
Sponsored by
Senators Edwards, Astle, Bates, Cassilly, DeGrange, Eckardt, Hershey, Hough, Jennings, King, Mathias, Middleton, Miller, Norman, Peters, Salling, Waugh, and Young
Status
In the Senate - Hearing 2/18 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Establishing the Rural Economic Development Program to encourage businesses to locate and expand in the rural counties of the State; providing that for 10 taxable years after a business is designated as a qualified business under the Program, the business is eligible for a specified property tax exemption, income tax subtraction modification, and sales and use tax exemption; establishing the Rural Economic Development Program Infrastructure Fund as a special, nonlapsing fund to be used to make grants to specified counties; etc.
Committees
Original:
Budget and Taxation  
Details
Cross-filed with: HB1089
Bill File Type: Regular
Effective Date(s): October 1, 2015
Bill imposes a mandated appropriation in the annual State Budget Bill
History
Legislation History
Chamber
Senate
Calendar Date
2/02/2015
Legislative Date
2/02/2015
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
2/04/2015
Legislative Date
2/04/2015
Action
Hearing 2/18 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 2/02/2015 2/02/2015 First Reading Budget and Taxation
Senate 2/04/2015 2/04/2015 Hearing 2/18 at 1:00 p.m.
Documents
File Code
Subjects
Statutes
(   1-101, 5-1501 through 5-1503, 6-401 )
(   10-207, 10-307, 11-232 )
Last Updated: 2/3/2020 2:29 PM