SENATE BILL 902

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 1451

Sponsored By:

Senators Ruben and Hoffman

Entitled:

Tax Benefits - Arts and Entertainment Districts - Qualified Residing Artist

Synopsis:

Altering the definition of "qualified residing artist" for specified tax benefits to include an individual who owns or rents residential real property in an arts and entertainment district and conducts a business in the district or who derives income from the sale or performance within the district of an artistic work that the individual wrote, composed, or executed, either solely or with one or more individuals.

History by Legislative Date

Senate Action

3/21

First Reading Budget and Taxation

Motion Rules Suspended for late introduction (Senator Hoffman) Adopted (40-0)

Motion Rules Suspended Referred Budget and Taxation (Senator Mitchell) Adopted (39-0)

3/22

Hearing 3/25 at 4:00 p.m.

House Action

No Action

Sponsored by:

Senator Ida G. Ruben, District 20

Senator Barbara A. Hoffman, District 42

Bill indexed under the following Subjects:

ADMISSIONS AND AMUSEMENT TAX

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS

EXEMPTIONS

INCOME TAX

PROPERTY TAX

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

SPECIAL TAX DISTRICTS

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Article - 83A Department of Business and Economic Development

( 4-701 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 21, 2002: Motion Rules Suspended for late introduction (Hoffman) Adopted (40-0)

March 21, 2002: Motion Rules Suspended Referred (Mitchell C) Adopted (39-0)