HOUSE BILL 1248

File Code: Taxes - Property - Local Crossfiled with: SENATE BILL 319

Sponsored By:

Delegates Vaughn, Howard, Ramirez, and Ross

Entitled:

Prince George's County - Property Tax Credit - Property Owned by a Community Development Corporation

Synopsis:

Authorizing the governing body of Prince George's County to grant, by law, a property tax credit against the county property tax or special district tax imposed on property owned by a nonprofit community development corporation under specified circumstances; and providing for the application of the Act.

History by Legislative Date

House Action

2/13

First Reading Ways and Means

2/18

Hearing 3/4 at 1:00 p.m.

3/26

Withdrawn

Senate Action

No Action

Sponsored by:

Delegate Michael L. Vaughn, District 24

Delegate Carolyn J. B. Howard, District 24

Delegate Victor R. Ramirez, District 47

Delegate Justin D. Ross, District 22

Bill indexed under the following Subjects:

COMMUNITY DEVELOPMENT

NONPROFIT ORGANIZATIONS

PRINCE GEORGE'S COUNTY

PROPERTY TAX

SPECIAL TAX DISTRICTS

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-318 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered