SENATE BILL 524

File Code: Taxes - Property - Local

Sponsored By:

Senator Colburn

Entitled:

Dorchester County - Personal Property Tax - Exemption

Synopsis:

Authorizing the governing body of Dorchester County to reduce, by law, the percent of the assessment of specified personal property for property tax purposes under specified circumstances; providing for a phase-out of the property tax on specified personal property under specified circumstances; and repealing a provision of law authorizing the governing body of Dorchester County to grant, by law, a property tax credit against the county property tax imposed on personal property.

History by Legislative Date

Senate Action

2/4

First Reading Budget and Taxation

3/2

Hearing 3/15 at 1:00 p.m.

4/8

Favorable with Amendments Report by Budget and Taxation

4/5

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/7

Third Reading Passed (43-4)

House Action

4/6

First Reading House Rules and Executive Nominations

Bill indexed under the following Subjects:

ASSESSMENTS

DORCHESTER COUNTY

EXEMPTIONS

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

PERSONAL PROPERTY

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statutes:

Tax - Property

( 7-513 , 9-311 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

Senate

Number: 249039/01 (PDF)     Offered on: April 8, 2005   at: 12:26 p.m.     Status: Adopted

Roll Call Vote (Legislative date is shown):

Senate

April 7, 2005: Third Reading Passed (43-4)