1999 Regular Session

HOUSE BILL 1148

CHAPTER NUMBER: 492 File Code: Miscellaneous Crossfiled with: SENATE BILL 779
Sponsored By:
Delegate Hixson (Montgomery County Administration) and Delegates Kopp, Goldwater, and Hurson
Entitled:
Tax Credits - New or Expanded Business Premises

Synopsis:

Providing enhanced property and State tax credits under an existing tax credit allowed for new or expanded business premises for business entities that satisfy specified requirements; authorizing affiliates of business entities to be included for specified purposes relating to the credits; eliminating a prohibition against granting the credits to a business entity that has been certified for the Job Creation Tax Credit; repealing the December 31, 2002 termination date applicable to the tax credits; etc.

History by Legislative Date

House Action
2/26
First Reading House Rules
3/3
Re-referred Ways and Means
3/4
Hearing 3/16 at 1:00 p.m.
3/22

Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Special Order 3/24 (Delegate Billings) Adopted
3/24
Floor Amendment (Delegate Billings) Rejected (35-89)
Second Reading Passed with Amendments
3/25
Third Reading Passed (114-15)
4/3
House Concur - Senate Amendments
Third Reading Passed (105-26)
Passed Enrolled
5/13
Signed by the Governor Chapter 492
Senate Action
3/26
First Reading Budget and Taxation
4/1
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments
Committee Amendment Adopted
Special Order 4/2 (Senator Hoffman) Adopted
4/2
Favorable with Amendments Report Adopted
Floor Amendment (Senator Pinsky) Adopted
Second Reading Passed with Amendments
4/5
Third Reading Passed with Amendments (41-4)
Sponsored by:
Delegate Sheila Ellis Hixson, District 20
Delegate Marilyn R. Goldwater, District 16
Delegate John Adams Hurson, District 18
Delegate Nancy K. Kopp, District 16
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
FEDERAL GOVERNMENT
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
FRANCHISES
GROSS RECEIPTS TAX
INCOME TAX
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
INTERSTATE AFFAIRS
LEASES AND RENT -see also- EVICTION
MUNICIPAL CORPORATIONS
NOTICES
PROPERTY TAX -see also- ASSESSMENTS
REPORTS -see also- RECORDS
REVENUE AND TAXES -see also specific taxes-
SUNSET
TAX CREDITS -see also- CIRCUIT BREAKER
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.
Bill affects the following Statutes:
Insurance
( 6-116 )
Tax - General
( 8-217 , 8-414 , 10-704.8 )
Tax - Property
( 9-230 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 413812/1 (PDF)     Offered on: March 24, 1999   at: 12:06 p.m.     Status: Rejected
Number: 625150/1 (PDF)     Offered on: March 22, 1999   at: 6:30 p.m.     Status: Adopted
Senate
Number: 019826/1 (PDF)     Offered on: April 1, 1999   at: 12:17 p.m.     Status: Adopted
Number: 443617/1 (PDF)     Offered on: April 2, 1999   at: 12:43 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 24, 1999: Floor Amendment (Billings) {413812/1 Rejected (35-89)
March 25, 1999: Third Reading Passed (114-15)
April 3, 1999: Third Reading Passed (105-26)
Senate
April 5, 1999: Third Reading Passed (41-4)