2001 Regular Session

SENATE BILL 251

CHAPTER NUMBER: 367 File Code: Taxes - Property Crossfiled with: HOUSE BILL 346
Sponsored By:
Senator Middleton
Entitled:
Property Tax Credits - Electricity Generation Facilities - Effect on State Aid

Synopsis:

Providing that machinery and equipment used in the generation of electricity at specified facilities that are 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

Senate Action
1/25
First Reading Budget and Taxation
Hearing 2/7 at 1:30 p.m.
1/26
Hearing cancelled
Hearing 2/14 at 1:30 p.m.
3/22
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (46-0)
4/5
Returned Passed
5/15
Signed by the Governor Chapter 367
House Action
3/24
First Reading Ways and Means
3/28
Hearing 4/4 at 1:00 p.m.
4/6
Favorable Report by Ways and Means
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (139-0)
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:
Senate
Number: 179238/1 (PDF)     Offered on: March 22, 2001   at: 11:28 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 26, 2001: Third Reading Passed (46-0)
House
April 3, 2001: Third Reading Passed (139-0)