Legislation

Title: St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension
Sponsored by: St. Mary's County Delegation
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing the governing body of St. Mary's County to grant, by law, a property tax credit against the county property tax imposed on commercial real property that is located in an eligible area of the county and that has been improved on or after July 1, 2020; prohibiting the tax credit from exceeding 25% of the county property tax; requiring the governing body of St. Mary's County to define, by law, certain eligibility criteria; applying certain provisions of the Act to all taxable years beginning after June 30, 2020; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): June 1, 2020

History

Legislation History
Chamber House Calendar Date 1/23/2020 Legislative Date 1/23/2020 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - St. Mary's County - Property Tax Credit - Improvements to Commercial Real Property Proceedings
Chamber House Calendar Date 1/28/2020 Legislative Date 1/28/2020 Action Hearing 2/11 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/12/2020 Legislative Date 3/10/2020 Action Favorable with Amendments {745965/1 Adopted Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/10/2020 Action Second Reading Passed with Amendments Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/11/2020 Action Third Reading Passed (130-0) Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Referred Budget and Taxation Proceedings 49 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2020 Legislative Date 3/16/2020 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Favorable Adopted Proceedings 51 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Second Reading Passed Proceedings 51 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2020 Legislative Date 3/12/2020 Action Motion Rules Suspend Two Readings Same Day Const/Rule 24 (Senator King) Adopted Proceedings 51AClick to view Recorded Media
Chamber Senate Calendar Date 3/17/2020 Legislative Date 3/12/2020 Action Third Reading Passed (45-0) Proceedings 51AClick to view Recorded Media
Chamber House Calendar Date 3/17/2020 Legislative Date 3/14/2020 Action Returned Passed Proceedings 51 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/23/2020	1/23/2020	First Reading Ways and Means
			Text - First - St. Mary's County - Property Tax Credit - Improvements to Commercial Real Property
House	1/28/2020	1/28/2020	Hearing 2/11 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/12/2020	3/12/2020	Favorable with Amendments Report by Ways and Means
House	3/12/2020	3/10/2020	Favorable with Amendments {745965/1 Adopted	47 Click to view Recorded Media
House	3/12/2020	3/10/2020	Second Reading Passed with Amendments	47 Click to view Recorded Media
			Text - Third - St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension
House	3/14/2020	3/11/2020	Third Reading Passed (130-0)	48 Click to view Recorded Media
Senate	3/15/2020	3/10/2020	Referred Budget and Taxation	49 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/16/2020	3/16/2020	Favorable Report by Budget and Taxation
Senate	3/16/2020	3/12/2020	Favorable Adopted	51 Click to view Recorded Media
Senate	3/16/2020	3/12/2020	Second Reading Passed	51 Click to view Recorded Media
Senate	3/17/2020	3/12/2020	Motion Rules Suspend Two Readings Same Day Const/Rule 24 (Senator King) Adopted	51AClick to view Recorded Media
Senate	3/17/2020	3/12/2020	Third Reading Passed (45-0)	51AClick to view Recorded Media
House	3/17/2020	3/14/2020	Returned Passed	51 Click to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199
			Text - Chapter - St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension

File Code

Subjects

Statutes