CHAPTER NUMBER: 667
File Code: Economic and Community Development
Crossfiled with: SENATE BILL 507
- Sponsored By:
-
Delegates Rudolph, Taylor, Bozman, Riley, and Hecht
- Entitled:
-
Heritage Structure Rehabilitation Tax Credit - Mortgage Credit
Certificates
Allowing a business entity or individual under specified circumstances
to elect to receive a historical rehabilitation mortgage credit
certificate in lieu of a specified tax credit allowed for qualified
expenses for the certified rehabilitation of certified heritage
structures; providing that a historical rehabilitation mortgage credit
certificate may be transferred to a lending institution subject to
Maryland tax and may be used by the lending institution to claim a tax
credit; etc.
House Action
- 2/12
- First Reading Ways and Means
- 2/24
- Hearing 3/19 at 1:00 p.m.
- 3/26
- Favorable with Amendments Report by Ways and Means
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed (140-0)
- 4/9
- House Concur - Senate Amendments
- Third Reading Passed (138-0)
- Passed Enrolled
- 5/27
- Signed by the Governor Chapter 667
Senate Action
- 3/29
- First Reading Budget and Taxation
- 4/10
- Favorable with Amendments Report by Budget and Taxation
- 4/9
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/10
- Third Reading Passed with Amendments (47-0)
- Sponsored by:
- Delegate David D. Rudolph, District 35B
- Delegate K. Bennett Bozman, District 38
- Delegate C. Sue Hecht, District 3
- Delegate B. Daniel Riley, District 34
- Delegate Casper R. Taylor, Jr., District 1C
- Bill indexed under the following Subjects:
- ADMINISTRATIVE AGENCIES
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- HISTORICAL MATTERS
- MORTGAGES
- NONPROFIT ORGANIZATIONS
- REAL PROPERTY
- RULES AND REGULATIONS
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Article - 83B Department of Housing and Community Development
- (
5-801
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 255259/1 (PDF) Offered on: March 26, 1999 at:
10:59 a.m. Status: Adopted
- Senate
- Number: 249629/1 (PDF) Offered on: April 10, 1999 at:
9:52 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 27, 1999: Third Reading Passed (140-0)
- April 9, 1999: Third Reading Passed (138-0)
- Senate
- April 10, 1999: Third Reading Passed (47-0)