CHAPTER NUMBER: 623 
File Code: Property
Crossfiled with: HOUSE BILL 38  
- Sponsored By: 
 - 
Senators Van Hollen, Hogan,
 Middleton, Ruben, McFadden, Lawlah, and Currie
 
- Entitled: 
 - 
 Tax Credits -
Businesses That Create New Jobs
 
Authorizing the Mayor and City Council of Baltimore City or governing
body of a county or municipal corporation to grant a credit against
the county or municipal corporation property tax imposed on real and
personal property meeting specified eligibility criteria; providing
for computation of the credit; granting a State tax credit against
individual or corporate income tax, insurance premium tax, or
financial institution or public service franchise tax under specified
circumstances; etc.
Senate Action
- 1/31
 - First Reading Budget and Taxation
 - 2/5
 - Hearing 2/12 at 1:30 p.m.
 - 3/19
 - Favorable with Amendments Report by Budget and Taxation
 - 3/20
 - Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 3/21
 - Third Reading Passed (47-0)
 - 4/5
 - Returned Passed
 - 5/22
 - Signed by the Governor Chapter 623
 
House Action
- 3/21
 - First Reading Ways and Means
 - 3/24
 - Hearing 3/26 at 1:00 p.m.
 - 4/5
 - Favorable Report by Ways and Means
 - 3/31
 - Favorable Report Adopted
 -      Second Reading Passed
 - 4/2
 - Third Reading Passed (135-2)
 
- Sponsored by:
 - Senator Christopher Van Hollen, Jr., District 18
 - Senator Ulysses Currie, District 25
 - Senator Patrick J. Hogan, District 39
 - Senator Gloria Gary Lawlah, District 26
 - Senator Nathaniel J. McFadden, District 45
 - Senator Thomas McLain Middleton, District 28
 - Senator Ida G. Ruben, District 20
 
- Bill indexed under the following Subjects:
 - COMMERCE AND BUSINESS -see also- SMALL BUSINESS
 - COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
 - FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
 - FRANCHISES
 - INCOME TAX
 - INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
 - LEASES AND RENT -see also- EVICTION
 - MUNICIPAL CORPORATIONS
 - NOTICES
 - PROPERTY TAX -see also- ASSESSMENTS
 - REVENUE AND TAXES -see also specific taxes -
 - RULES AND REGULATIONS
 - SUNSET
 - TAX CREDITS
 - UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES
 - WORK, LABOR AND EMPLOYMENT -see also- LEAVE; OVERTIME
 
- Bill affects the following Statutes:
 -   Insurance
 - (
 6-115 
)
 -   Tax - General
 - (
 8-216 ,
 8-413 ,
 10-704.7 
)
 -   Tax - Property
 - (
 9-229 
)
 
- Bill Text:
 -  First Reading (PDF),
Third Reading (PDF), Enrolled 
 - Fiscal Note:
 Available (PDF) 
Amendments: 
- Senate
 - Number: 119502/1 (PDF) Offered on: MARCH 20, 1997     at: 09:26
 Status: Adopted