2001 Regular Session

HOUSE BILL 346

File Code: Taxes - Property Crossfiled with: SENATE BILL 251
Sponsored By:
Charles County Delegation
Entitled:
Property Tax Credits - Electricity Generation Facilities - Effect on State Aid

Synopsis:

Providing that machinery and equipment used in the generation of electricity for a new or existing facility that is granted a specified tax credit may not be treated as taxable personal property for purposes of calculating the payment of specified State aid; and applying the Act to the calculation of State aid for fiscal years beginning on or after July 1, 2001.

History by Legislative Date

House Action
1/29
First Reading Ways and Means
2/21
Hearing 3/8 at 1:00 p.m.
3/26
Favorable with Amendments Report by Ways and Means
3/23
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (136-0)
4/3
Returned Passed
5/17
Governor vetoed - Cross-filed bill was signed
Senate Action
3/29
First Reading Senate Rules
4/5
Re-referred Budget and Taxation
4/6
Favorable Report by Budget and Taxation
4/3
Favorable Report Adopted
Second Reading Passed
Motion two readings same day Const/Rule 24 (Senator Hoffman) Adopted
Third Reading Passed (42-0)
Bill indexed under the following Subjects:
CHARLES COUNTY
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
POWER PLANTS
PROPERTY TAX
STATE AID
TAX CREDITS -see also- CIRCUIT BREAKER
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
Bill affects the following Statute:
Tax - Property
( 9-239 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 125966/1 (PDF)     Offered on: March 26, 2001   at: 7:13 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 25, 2001: Third Reading Passed (136-0)
Senate
April 3, 2001: Third Reading Passed (42-0)