HOUSE BILL 664

File Code: Economic and Community Development

Sponsored By:

Chairman, Ways and Means Committee (Departmental - Business and Economic Development)

Entitled:

Business and Economic Development - Tax Credits for Qualified Brownfields Sites

Synopsis:

Requiring that specified brownfields sites qualify for specified property and income tax credits available in enterprise zones and focus areas; expanding the definition of "State priority funding area" as applied to a job creation tax credit; providing for the application of the Act; etc.

History by Legislative Date

House Action

2/7

First Reading Ways and Means

2/14

Hearing 2/28 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Chairman, Ways & Means Comm.

Departmental

Bill indexed under the following Subjects:

HAZARDOUS AND TOXIC SUBSTANCES -see also- ASBESTOS; RADIATN.

INCOME TAX

POLLUTION -see also- SEDIMENT CONTROL

PROPERTY TAX

REAL PROPERTY

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development

( 5-402 , 5-404 , 5-1101 , 5-1102 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered