SENATE BILL 302

File Code: Economic and Community Development Crossfiled with: HOUSE BILL 512

Sponsored By:

Senator Conway

Entitled:

Maryland Affordable Housing Investment Fund

Synopsis:

Establishing the Maryland Affordable Housing Investment Fund and the Maryland Affordable Housing Investment Fund Board; requiring the Fund to be used 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

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.

Senate Action

1/28

First Reading Education Health and Environmental Affairs & Budget and Taxation

2/13

Hearing 2/27 at 1:00 p.m. (Education Health and Environmental Affairs)

House Action

No Action

Bill indexed under the following Subjects:

Appropriations

Committees and Commissions -see also- Political Committees

Counties -see also- Chartered Counties; Code Counties

Disabilities -see also- Blind; Deaf; Developmental

Grants

Housing and Community Development, Department of

Housing -see also- Apartments; Condominiums; Mobile Homes

Loans -see also- Mortgages

Municipal Corporations -see also- Annap; Balt; Hager; OC

Property Tax

Reports

Bill affects the following Statutes:

Housing and Community Development

( 2-201 , 4-209 , 4-501 , 4-507 )

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