1997 Regular Session

HOUSE BILL 272

CHAPTER NUMBER: 83 File Code: Property - Local
Sponsored By:
Allegany County Delegation
Entitled:
Allegany County and City of Cumberland - Property Tax Credit - Rehabilitated Property

Synopsis:

Modifying authorization for the granting of a property tax credit by the governing body of the City of Cumberland for qualifying rehabilitated property to allow the credit for a period not exceeding 10 years; authorizing the governing body of Allegany County to grant a property tax credit for qualifying rehabilitated property under regulations adopted by the governing body; and capping the amount of the credit and time period for which the credit may apply.

Legislative History

House Action
1/20
First Reading Ways and Means
2/19
Hearing 3/6 at 1:00 p.m.
3/13
Favorable Report by Ways and Means
3/14
Favorable Report Adopted
Second Reading Passed
3/17
Third Reading Passed (134-0)
3/30
Returned Passed
4/8
Signed by the Governor Chapter 83
Senate Action
3/18
First Reading Budget and Taxation
3/19
Hearing 3/25 at 1:00 p.m.
3/31
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
ALLEGANY COUNTY
MUNICIPAL CORPORATIONS
PROPERTY TAX -see also- ASSESSMENTS
RULES AND REGULATIONS
TAX CREDITS
Bill affects the following Statute:
Tax - Property
( 9-302 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)