SENATE BILL 1015

File Code: Taxes - Property - Local

Sponsored By:

Senator Lawlah

Entitled:

Prince George's County - Property Tax Credits - Newly Constructed and Renovated Dwellings

Synopsis:

Authorizing the governing body of Prince George's County to grant, by law, a property tax credit against the county property tax imposed on newly constructed and renovated dwellings in specified areas for a 5-year period; limiting the property tax credits to a specified amount; reducing the amount of the property tax credit for newly constructed dwellings by 10% annually over a period of 5 years; establishing specified eligibility criteria; etc.

History by Legislative Date

Senate Action

3/24

First Reading Budget and Taxation

Motion Rules Suspended for late introduction (Senator Lawlah) Adopted

Motion Rules Suspended Referred (Senator Lawlah) Adopted

Referred Budget and Taxation

3/28

Hearing 3/30 at 1:00 p.m.

4/8

Favorable Report by Budget and Taxation

4/5

Favorable Report Adopted

Second Reading Passed

4/7

Third Reading Passed (46-1)

House Action

4/6

First Reading House Rules and Executive Nominations

4/11

Re-referred Ways and Means

Bill indexed under the following Subjects:

BUDGETS -see also- CAPITAL BUDGETS

CONSTRUCTION

DISTRICT OF COLUMBIA

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

MASS TRANSIT -see also- BUSES; RAILROADS

PRINCE GEORGE'S COUNTY

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-318 )

Documents:

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

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Vote (Legislative date is shown):

Senate

April 7, 2005: Third Reading Passed (46-1)