1999 Regular Session

SENATE BILL 352

EMERGENCY BILL
File Code: Property - Local Crossfiled with: HOUSE BILL 559
Sponsored By:
Senator McFadden
Entitled:
Baltimore City - Property Tax - Exemption for Economic Development Projects

Synopsis:

Providing for an exemption from Baltimore City property tax for economic development projects located in designated urban renewal areas in Baltimore City; stating the requirements for the property tax exemption, including that the property be a certain type of structure, provide a certain number of full-time job opportunities if applicable, have a certain amount of private capital investment, and adopt a payment in lieu of taxes agreement within a certain time frame; etc.

History by Legislative Date

Senate Action
2/5
First Reading Budget and Taxation
2/24
Hearing 3/17 at 1:30 p.m.
3/26

Favorable with Amendments Report by Budget and Taxation
3/29
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/30
Third Reading Passed (45-0)
House Action
3/29
First Reading Ways and Means
3/31
Hearing 4/1 at 1:00 p.m.
4/9
Favorable with Amendments Report by Ways and Means
4/5
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/6
Third Reading Passed with Amendments (96-28)
Bill indexed under the following Subjects:
BALTIMORE CITY
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
EXEMPTIONS
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
PROPERTY TAX -see also- ASSESSMENTS
REAL PROPERTY
REPORTS -see also- RECORDS
URBAN RENEWAL -see also- COMMERCIAL REHABILITATION
Bill affects the following Statute:
Tax - Property
( 7-504.3 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 269921/1 (PDF)     Offered on: March 29, 1999   at: 7:53 p.m.     Status: Adopted
House
Number: 625156/1 (PDF)     Offered on: April 9, 1999   at: 12:01 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 30, 1999: Third Reading Passed (45-0)
House
April 6, 1999: Third Reading Passed (96-28)