CHAPTER NUMBER: 358
EMERGENCY BILL
File Code: Taxes - Property
Crossfiled with: HOUSE BILL 268
- Sponsored By:
-
Senator Hoffman
- Entitled:
-
Local Property Tax Credit - County Income Tax Rate Increases
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.
Senate Action
- 1/18
- First Reading Budget and Taxation
- Hearing 1/24 at 2:30 p.m.
- 1/29
- Favorable Report by Budget and Taxation
- 1/30
- Favorable Report Adopted
- Second Reading Passed
- 2/1
- Third Reading Passed (45-0)
- 4/3
- Returned Passed
- 5/15
- Signed by the Governor Chapter 358
House Action
- 2/2
- First Reading Ways and Means
- 3/14
- Hearing 3/28 at 1:00 p.m.
- 4/5
- Favorable Report by Ways and Means
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (137-0)
- 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
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- Senate
- February 1, 2001: Third Reading Passed (45-0)
- House
- April 2, 2001: Third Reading Passed (137-0)