HOUSE BILL 523

Sponsored By:

Delegates Barve, Gilchrist, and Simmons

Entitled:

Municipal Corporations - Building Excise Tax

Synopsis:

Authorizing municipal corporations to impose, by ordinance or resolution, a building excise tax on all types of building construction within a municipal corporation; requiring the governing body of a municipal corporation to hold a public hearing before adopting a specified ordinance or resolution; prohibiting a municipal corporation from imposing a building excise tax if the municipal corporation imposes any type of impact fee; etc.

History by Legislative and Calendar Date

House Action

2/7

First Reading Ways and Means

Hearing 3/1 at 1:00 p.m.

3/21

Favorable with Amendments Report by Ways and Means

3/18

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/19

Third Reading Passed (102-35)

Senate Action

3/22

First Reading Budget and Taxation

3/26

Hearing 3/29 at 1:00 p.m.

Sponsored by:

Delegate Kumar P. Barve, District 17

Delegate Jim Gilchrist, District 17

Delegate Luiz R. S. Simmons, District 17

Bill indexed under the following Subjects:

Building Permits

Construction

Development Fees and Taxes

Excise Tax

Exemptions

Hearings

Municipal Corporations -see also- Annap; Balt; Hager; OC

Public Works

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Article - 23A Corporations - Municipal

( 8A )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments (Displayed in PDF Format):

House

Number: 215561/01     Offered on: March 21, 2007   at: 10:52 a.m.     Status: Adopted

Roll Call Vote (Legislative date is shown):

House

March 19, 2007: Third Reading Passed (102-35)