Legislation
- Title
- Personal Property Tax - Exemption for Business Personal Property
- Sponsored by
- Delegates M. Fisher, Adams, Anderton, Arentz, Arikan, Buckel, Chisholm, Ciliberti, Clark, Corderman, Cox, Ghrist, Griffith, Hartman, Hornberger, Jacobs, Kittleman, Malone, Mangione, McComas, McKay, Metzgar, Miller, Morgan, Parrott, Reilly, Rose, Saab, Shoemaker, and Szeliga
- Status
- In the House - Hearing 2/18 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Exempting business personal property from the property tax imposed by a county or municipal corporation, subject to certain exceptions; requiring the State Department of Assessments and Taxation to identify certain provisions of law and submit a certain report to the General Assembly; and applying the Act to taxable years beginning after June 30, 2020.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Introduced in a prior session as: HB0858 Session: 2019 Regular Session
Bill File Type: Regular
Effective Date(s): June 1, 2020
History
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File Code
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Subjects
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Statutes
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7-402 )
Last Updated: 9/22/2020 2:12 PM