HB0320 (CH0481)

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Frederick County - Property Tax - Small Business Tax Credit

Sponsored by:

Frederick County Delegation

Status:

Approved by the Governor - Chapter 481


Synopsis:Altering specified requirements for an existing business entity in Frederick County to qualify for a specified property tax credit imposed on real property owned or leased by the business entity; altering the definition of "full-time position" to increase the number of hours and period of time individuals must be employed and to require a payment of at least 150% of the federal minimum wage; altering the percentage of the property tax credit authorized in specified taxable years; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Frederick County Delegation
Additional Facts:Cross-filed with: SB0884
Bill File Type: Regular
Effective Date(s): June 1, 2016
Committee(s):
Ways and Means  View Committee HearingBudget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Property - Local
Narrow Subject(s):Frederick County
Leases and Rent
Property Tax
Real Property
Salaries and Compensation -see also- Overtime; Reimb. Rates
Small Business
Tax Credits -see also- Circuit Breaker
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Tax - Property
(9-312)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 4:58 P.M.