SENATE BILL 160

File Code: Taxes - Property Crossfiled with: HOUSE BILL 137

Sponsored By:

Senator McFadden (Baltimore City Administration) and Senators Blount and Hughes

Entitled:

Property Tax - State Grants to Local Government for Tax Exempt Real Property

Synopsis:

Providing for State grants to counties and municipal corporations in lieu of taxes for real property owned by nonprofit hospitals and nonprofit educational institutions; requiring the Director of the State Department of Assessments and Taxation to certify to the State Comptroller by a specified date the assessed value of real property owned by nonprofit hospitals and nonprofit educational institutions in each county and municipal corporation and the amount of State grants payable to each county and municipal corporation; etc.

History by Legislative Date

Senate Action

1/15

First Reading Budget and Taxation

1/16

Hearing 1/30 at 1:30 p.m.

House Action

No Action

Sponsored by:

Senator Nathaniel J. McFadden, District 45

Baltimore City Administration

Senator Clarence W. Blount, District 41

Senator Ralph M. Hughes, District 40

Bill indexed under the following Subjects:

ASSESSMENTS AND TAXATION, DEPARTMENT OF

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

EXEMPTIONS

HIGHER EDUCATION -see also- COMM COLLEGES; MED SCHOOLS; etc.

HOSPITALS -see also- CLINICS; STATE HOSPITALS

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

NONPROFIT ORGANIZATIONS

PROPERTY TAX

STATE AID

TREASURERS

Bill affects the following Statutes:

Tax - Property

( 7-601 , 7-602 , 7-603 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered