SENATE BILL 591

File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 1260/06 - W&M Crossfiled with: HOUSE BILL 523

Sponsored By:

Senator Madaleno

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 the governing body of a municipal corporation to hold a public hearing before adopting a specified ordinance or resolution; prohibiting a municipal corporation from imposing a building excise tax if the municipal corporation imposes any type of impact fee; etc.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Budget and Taxation

2/14

Hearing 3/7 at 1:00 p.m.

2/26

Hearing cancelled

Hearing 3/9 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Building Permits

Construction

Development Fees and Taxes

Excise Tax

Exemptions

Hearings

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 and Policy Note (Displayed in PDF Format): Available

Amendments: None offered