HOUSE BILL 68

File Code: Taxes - Miscellaneous

Sponsored By:

Delegate Pitkin

Entitled:

Arts and Entertainment Districts - Income Tax, Sales and Use Tax, and Property Tax

Synopsis:

Authorizing the governing body of a county or municipal corporation to establish arts and entertainment districts within which tax benefits for qualifying residing artists would apply; providing an income tax subtraction modification for income from specified original artistic works; exempting from the sales and use tax sales of specified original artistic works; authorizing the governing bodies to grant a specified property tax credit; and limiting the duration of the credit to 10 years.

History by Legislative Date

House Action

09/11

Pre-filed

1/10

First Reading Economic Matters & Ways and Means

1/17

Re-assigned Ways and Means & Economic Matters

2/7

Hearing 2/21 at 11:00 a.m.

2/12

Hearing cancelled

2/26

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

EXEMPTIONS

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

INCOME TAX

MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC

PROPERTY TAX

SALES AND USE TAX

TAX CREDITS -see also- CIRCUIT BREAKER

ZONING AND PLANNING.........................................

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development

( 4-701 )

Tax - General

( 10-207 , 11-229 )

Tax - Property

( 9-239 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Not available at this time

Amendments: None offered