SENATE BILL 99

CHAPTER NUMBER: 122 File Code: Taxes - Property

Sponsored By:

Chairman, Budget and Taxation Committee (Departmental - Assessments and Taxation)

Entitled:

Property Tax - Financial Institutions

Synopsis:

Clarifying that a county, municipal corporation, special taxing district, or other political subdivision of the State may impose real and personal property tax on savings and loan associations and savings banks; providing for the effective date of the Act; and providing for the application of the Act.

History by Legislative Date

Senate Action

10/26

Pre-filed

1/9

First Reading Budget and Taxation

1/2

Hearing 1/11 at 9:30 a.m.

1/14

Favorable Report by Budget and Taxation

1/15

Favorable Report Adopted

Second Reading Passed

1/17

Third Reading Passed (47-0)

4/5

Returned Passed

4/25

Signed by the Governor Chapter 122

House Action

1/18

First Reading Ways and Means

3/20

Hearing 3/28 at 1:00 p.m.

4/5

Favorable Report by Ways and Means

4/3

Favorable Report Adopted

Second Reading Passed

4/4

Third Reading Passed (135-0)

Sponsored by:

Chairman, Budget & Tax. Comm.

Departmental

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC

PROPERTY TAX

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

SAVINGS AND LOAN ASSOCIATIONS

Bill affects the following Statute:

Tax - General

( 8-202 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

January 17, 2002: Third Reading Passed (47-0)

House

April 4, 2002: Third Reading Passed (135-0)