Legislation

Title: Personal Property Tax - Exemption - Property Owned by New or Relocated Business
Sponsored by: Senators Robinson, Bates, Muse, Rosapepe, and Salling
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Providing an exemption from personal property tax for property that is owned by a business that has organized under the laws of Maryland during the current tax year or that relocates its headquarters to Maryland during the current tax year; and applying the Act to taxable years beginning after June 30, 2017.

Committees

Original:: Budget and Taxation 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 Senate Calendar Date 1/20/2017 Legislative Date 1/20/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Personal Property Tax - Exemption - Property Owned by New or Relocated Business Proceedings
Chamber Senate Calendar Date 1/25/2017 Legislative Date 1/25/2017 Action Hearing 2/08 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/15/2017 Legislative Date 2/15/2017 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/20/2017	1/20/2017	First Reading Budget and Taxation
			Text - First - Personal Property Tax - Exemption - Property Owned by New or Relocated Business
Senate	1/25/2017	1/25/2017	Hearing 2/08 at 1:00 p.m.
Senate	2/15/2017	2/15/2017	Withdrawn by Sponsor

File Code

Subjects

Statutes