2005 Regular Session

SENATE BILL 724

File Code: Taxes - Income
Sponsored By:
Senator Pinsky
Entitled:
Income Tax Revenues - Distributions to Municipal Corporations

Synopsis:

Requiring the governing body of a county, at the request of the governing body of a municipal corporation, to meet and discuss the distribution of income tax revenues to the municipal corporation for the upcoming fiscal year; authorizing a county under specified circumstances to adjust the percentages used to determine the distribution of income tax revenues to a municipal corporation; requiring a county that adjusts the percentages to notify the Comptroller before the beginning of the fiscal year; etc.

History by Legislative Date

Senate Action
2/4
First Reading Budget and Taxation
3/2
Hearing 3/15 at 1:00 p.m.
3/21
Unfavorable Report by Budget and Taxation
House Action
No Action

Bill indexed under the following Subjects:

BUDGETS -see also- CAPITAL BUDGETS
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
HEARINGS
INCOME TAX
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
NOTICES
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statute:

Tax - General
( 2-607 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered