CHAPTER NUMBER: 510
File Code: Miscellaneous
Crossfiled with: HOUSE BILL 1148
- Sponsored By:
-
Senator Ruben (Montgomery County Administration)
- Entitled:
-
Tax Credits - New or Expanded Business Premises
Providing enhanced property tax and State tax credits under a 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
qualifying for and claiming 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.
Senate Action
- 3/5
- First Reading Senate Rules
- 3/11
- Re-referred Budget and Taxation
- Hearing 3/16 at 3:00 p.m.
- 4/1
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments
- Committee Amendment Adopted
- Special Order 4/2 (Senator Pinsky) Adopted
- 4/2
- Favorable with Amendments Report Adopted
- Floor Amendment (Senator Pinsky) Adopted (43-0)
- Second Reading Passed with Amendments
- 4/5
- Third Reading Passed (41-4)
- 4/8
- Return Passed
- 5/13
- Signed by the Governor Chapter 510
House Action
- 4/2
- First Reading Ways and Means
- 4/6
- Hearing 4/7 at 1:00 p.m.
- 4/8
- Favorable Report by Ways and Means
- 4/4
- Favorable Report Adopted
- Second Reading Passed
- 4/5
- Third Reading Passed (104-26)
- 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
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 599324/1 (PDF) Offered on: April 1, 1999 at:
12:14 p.m. Status: Adopted
- Number: 883816/3 (PDF) Offered on: April 2, 1999 at:
12:38 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- April 2, 1999: Floor Amendment (Pinsky) {883816/3 Adopted (43-0)
- April 5, 1999: Third Reading Passed (41-4)
- House
- April 5, 1999: Third Reading Passed (104-26)