2007 Regular Session

SENATE BILL 644

File Code: Economic and Community Development Crossfiled with: HOUSE BILL 486
Sponsored By:
Senators Conway, Britt, Dyson, Gladden, Jones, Pinsky, and Pugh
Entitled:
Maryland Affordable Housing Investment Fund

Synopsis:

Establishing the Maryland Affordable Housing Investment Fund and the Maryland Affordable Housing Investment Fund Board; requiring the Board to use the Fund in specified ways to support, foster, and promote affordable housing; specifying the source of moneys of the Fund; requiring that the Board annually allocate money from the Fund to specified local governments and to the Department of Housing and Community Development in a specified manner; imposing an annual State tax on specified property at a specified rate; etc.

History by Legislative and Calendar Date

Senate Action
2/2
First Reading Education Health and Environmental Affairs & Budget and Taxation
2/14
Hearing 3/6 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Joan Carter Conway, District 43
Senator Gwendolyn Britt, District 47
Senator Roy P. Dyson, District 29
Senator Lisa A. Gladden, District 41
Senator Verna L. Jones, District 44
Senator Paul G. Pinsky, District 22
Senator Catherine E. Pugh, District 40

Bill indexed under the following Subjects:

Appropriations
Committees and Commissions -see also- Political Committees
Counties -see also- Chartered Counties; Code Counties
Grants
Housing and Community Development, Department of
Housing -see also- Apartments; Condominiums; Mobile Homes
Municipal Corporations -see also- Annap; Balt; Hager; OC
Property Tax
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Housing and Community Development
( 2-201 , 4-208 , 4-208 , 4-501 , 4-506 )
State Finance and Procurement
( 8-134 )
Tax - Property
( 6-301 )

Documents:

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