SENATE BILL 854

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 1260

Sponsored By:

Senator Forehand

Entitled:

Municipal Corporations - Building Excise Tax

Synopsis:

Authorizing municipal corporations to impose, by ordinance or resolution, a building excise tax on all types of building construction within a municipal corporation; requiring a municipal corporation to specify in the ordinance or resolution the types of building construction subject to tax, the criteria and formulas used to assess the tax, and the tax rates; authorizing a municipal corporation to impose different rates of the building excise tax on different types of building construction subject to the tax; etc.

History by Legislative Date

Senate Action

2/8

First Reading Senate Rules

2/16

Re-referred Budget and Taxation

3/1

Hearing 3/14 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

CONSTRUCTION

DEVELOPMENT FEES AND TAXES

EXCISE TAX

EXEMPTIONS

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

PUBLIC WORKS

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Article - 23A Corporations - Municipal

( 8A )

Documents:

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

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered