Legislation

Title: Property Tax - Exemption - Low Income Housing - Ownership by Limited Liability Company
Sponsored by: Delegate Anderson (By Request - Baltimore City Administration) and Delegates Conaway, Glenn, Haynes, and B. Robinson
Status: Approved by the Governor - Chapter 253
Analysis: Fiscal and Policy Note

Synopsis

Providing for an exemption, under specified circumstances, from property tax for real property if, under specified circumstances, the owner of the real property is a specified limited liability company or is a specified limited partnership whose managing general partner is a specified limited liability company; providing that the real property may be exempt from property tax only under specified circumstances; applying the Act to all taxable years beginning after June 30, 2015; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0356

Bill File Type: Regular

Effective Date(s): June 1, 2015

Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 2/10/2015 Legislative Date 2/11/2015 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/12/2015 Legislative Date 2/12/2015 Action Hearing 2/25 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/13/2015 Legislative Date 3/16/2015 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/17/2015 Legislative Date 3/14/2015 Action Favorable Report Adopted Proceedings 44
Chamber House Calendar Date 3/17/2015 Legislative Date 3/14/2015 Action Second Reading Passed Proceedings 44
Chamber House Calendar Date 3/18/2015 Legislative Date 3/15/2015 Action Third Reading Passed (134-6) Proceedings 45A
Chamber Senate Calendar Date 3/19/2015 Legislative Date 3/19/2015 Action First Reading Budget and Taxation Proceedings 46
Chamber Senate Calendar Date 3/23/2015 Legislative Date 3/23/2015 Action Hearing 3/26 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/26/2015 Legislative Date 3/27/2015 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/30/2015 Legislative Date 3/25/2015 Action Favorable Report Adopted Proceedings 52
Chamber Senate Calendar Date 3/30/2015 Legislative Date 3/25/2015 Action Second Reading Passed Proceedings 52
Chamber Senate Calendar Date 3/31/2015 Legislative Date 3/26/2015 Action Third Reading Passed (47-0) Proceedings 53
Chamber House Calendar Date 4/01/2015 Legislative Date 3/28/2015 Action Returned Passed Proceedings 58
Chamber Post Passage Calendar Date 5/12/2015 Legislative Date 5/12/2015 Action Approved by the Governor - Chapter 253 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/10/2015	2/11/2015	First Reading Ways and Means
House	2/12/2015	2/12/2015	Hearing 2/25 at 1:00 p.m.
House	3/13/2015	3/16/2015	Favorable Report by Ways and Means
House	3/17/2015	3/14/2015	Favorable Report Adopted	44
House	3/17/2015	3/14/2015	Second Reading Passed	44
House	3/18/2015	3/15/2015	Third Reading Passed (134-6)	45A
Senate	3/19/2015	3/19/2015	First Reading Budget and Taxation	46
Senate	3/23/2015	3/23/2015	Hearing 3/26 at 1:00 p.m.
Senate	3/26/2015	3/27/2015	Favorable Report by Budget and Taxation
Senate	3/30/2015	3/25/2015	Favorable Report Adopted	52
Senate	3/30/2015	3/25/2015	Second Reading Passed	52
Senate	3/31/2015	3/26/2015	Third Reading Passed (47-0)	53
House	4/01/2015	3/28/2015	Returned Passed	58
Post Passage	5/12/2015	5/12/2015	Approved by the Governor - Chapter 253

Documents

Date Posted	Document Name
2/11/2015	Text - First - Property Tax - Exemption - Low Income Housing - Ownership by Limited Liability Company
3/17/2015	Text - Third - Property Tax - Exemption - Low Income Housing - Ownership by Limited Liability Company
5/18/2015	Text - Chapter -
3/16/2015	Vote - House - Committee - Ways and Means
3/27/2015	Vote - Senate - Committee - Budget and Taxation
3/15/2015	Vote - House Floor - Third Reading Passed (134-6) - 03/15/15
3/26/2015	Vote - Senate Floor - Third Reading Passed (47-0) - 03/26/15

File Code

Subjects

Statutes