2001 Regular Session

HOUSE BILL 268

EMERGENCY BILL
File Code: Taxes - Property Crossfiled with: SENATE BILL 143
Sponsored By:
Delegate Hixson
Entitled:
Local Property Tax Credit - County Income Tax Rate Increases

Synopsis:

Making a technical correction to a provision authorizing local governments to grant a local property tax credit to offset increases in local income tax revenues resulting from an increase in the county income tax rate above a specified rate, by changing a reference to the county income tax rate from 50% to 2.6% to account for the alteration of the computation of the county income tax; and making the Act an emergency measure.

History by Legislative Date

House Action
1/25
First Reading Ways and Means
1/31
Hearing 2/14 at 11:00 a.m.
3/5
Favorable Report by Ways and Means
3/6
Favorable Report Adopted
Second Reading Passed
3/8
Third Reading Passed (137-0)
4/1
Returned Passed
5/17
Governor vetoed - Cross-filed bill was signed
Senate Action
3/9
First Reading Budget and Taxation
4/4
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (44-0)
Bill indexed under the following Subjects:
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
INCOME TAX
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
PROPERTY TAX
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - Property
( 9-221 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 8, 2001: Third Reading Passed (137-0)
Senate
April 2, 2001: Third Reading Passed (44-0)