Legislation

Title: State Education Aid - Real Property Valuation - Tax Increment Financing
Sponsored by: Senator McFadden
Status: In the House - First Reading House Rules and Executive Nominations
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Department of Assessments and Taxation to certify annually the amount of assessable base for real property located in a specified development district; applying the Act to the calculation of payment of State aid to counties and Baltimore City for fiscal years beginning after June 30, 2017; declaring the intent of the General Assembly that specified recommendations regarding education funding shall consider the impact of economic development incentives in low wealth jurisdictions on State education aid; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Rules and Executive Nominations

Details

Cross-filed with: HB0285

Bill File Type: Regular

Effective Date(s): June 1, 2016

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/01/2016 Legislative Date 2/02/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/03/2016 Legislative Date 2/03/2016 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/31/2016 Legislative Date 4/01/2016 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/01/2016 Legislative Date 3/28/2016 Action Favorable with Amendments {899436/1 Report Adopted Proceedings 57
Chamber Senate Calendar Date 4/01/2016 Legislative Date 3/28/2016 Action Second Reading Passed with Amendments Proceedings 57
Chamber Senate Calendar Date 4/04/2016 Legislative Date 3/29/2016 Action Third Reading Passed (44-0) Proceedings 58
Chamber House Calendar Date 4/05/2016 Legislative Date 3/29/2016 Action First Reading House Rules and Executive Nominations Proceedings 61

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/01/2016	2/02/2016	First Reading Budget and Taxation
Senate	2/03/2016	2/03/2016	Hearing 2/24 at 1:00 p.m.
Senate	3/31/2016	4/01/2016	Favorable with Amendments Report by Budget and Taxation
Senate	4/01/2016	3/28/2016	Favorable with Amendments {899436/1 Report Adopted	57
Senate	4/01/2016	3/28/2016	Second Reading Passed with Amendments	57
Senate	4/04/2016	3/29/2016	Third Reading Passed (44-0)	58
House	4/05/2016	3/29/2016	First Reading House Rules and Executive Nominations	61

Documents

Date Posted	Document Name
4/01/2016	Amendments Senate - (Budget and Taxation) {899436/01 Adopted
2/02/2016	Text - First - State Education Aid - Real Property Valuation - Tax Increment Financing
4/01/2016	Text - Third - State Education Aid - Real Property Valuation - Tax Increment Financing
4/01/2016	Vote - Senate - Committee - Budget and Taxation
3/29/2016	Vote - Senate Floor - Third Reading Passed (44-0) - 03/29/16

File Code

Subjects

Statutes