File Code: Taxes - Property
Crossfiled with: SENATE BILL 67
- Sponsored By:
-
Delegates King, Barkley, Boschert, Cardin, G. Clagett, Dumais,
Feldman, Gutierrez, Hixson, Kaiser, Lee, Montgomery,
Murray, Bartlett, Bozman, Cryor, C. Davis,
Gilleland, Goodwin, Healey, Howard, Marriott, Myers, Patterson, and
Ross
- Entitled:
-
Property Tax - Valuation -
Low Income Housing Tax Credit Projects
Creating a subclass of real property for property tax assessment
purposes; requiring a supervisor valuing commercial real property to
consider the impact of rent restrictions, affordability requirements,
or related restrictions required by specified provisions of federal
law and specified federal, state, or local programs; prohibiting a
supervisor valuing commercial real property from considering federal
income tax credits as income attributable to the commercial real
property; etc.
House Action
- 1/24
- First Reading Ways and Means
- 1/26
- Hearing 2/8 at 11:00 a.m.
- 2/21
- Favorable with Amendments Report by Ways and Means
- 2/22
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/24
- Third Reading Passed (137-0)
- 4/2
- Returned Passed
Senate Action
- 2/25
- First Reading Budget and Taxation
- 4/4
- Favorable Report by Budget and Taxation
- 4/3
- Favorable Report Adopted
- Second Reading Passed
- 4/4
- Third Reading Passed (46-0)
Action after passage in House and Senate
- 5/26
- Governor vetoed - Cross-filed bill was signed
Sponsored by:
- Delegate Nancy J. King, District 39
- Delegate Charles Barkley, District 39
- Delegate Joseph R. Bartlett, District 4A
- Delegate David G. Boschert, District 33A
- Delegate K. Bennett Bozman, District 38B
- Delegate Jon S. Cardin, District 11
- Delegate Galen R. Clagett, District 3A
- Delegate Jean B. Cryor, District 15
- Delegate Clarence Davis, District 45
- Delegate Kathleen M. Dumais, District 15
- Delegate Brian J. Feldman, District 15
- Delegate Terry R. Gilleland, Jr., District 32
- Delegate Marshall T. Goodwin, District 40
- Delegate Ana Sol Gutierrez, District 18
- Delegate Anne Healey, District 22
- Delegate Sheila E. Hixson, District 20
- Delegate Carolyn J. B. Howard, District 24
- Delegate Anne R. Kaiser, District 14
- Delegate Susan C. Lee, District 16
- Delegate Salima Siler Marriott, District 40
- Delegate Karen S. Montgomery, District 14
- Delegate Gareth E. Murray, District 20
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Obie Patterson, District 26
- Delegate Justin D. Ross, District 22
Bill indexed under the following Subjects:
- ASSESSMENTS
- HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
- INCOME TAX
- PROPERTY TAX
- REAL PROPERTY
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
- Tax - Property
- (
8-101 ,
8-101 ,
8-105
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
House
- Number: 615761/01 (PDF) Offered on: February 22, 2005 at:
10:58 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
House
- February 24, 2005: Third Reading Passed (137-0)
Senate
- April 4, 2005: Third Reading Passed (46-0)