Legislation
- Title
- Baltimore City Residential Retention Act
- Sponsored by
- Senator Ferguson
- Status
- In the House - First Reading House Rules and Executive Nominations
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring the Mayor and City Council of Baltimore City to grant, by law, a property tax credit against the property tax imposed on a dwelling in Baltimore City that is newly purchased by a homeowner who has received the homestead property tax credit for a dwelling in Baltimore City under specified circumstances; providing that the credit is a fixed amount of $4,000 to be applied to the homeowner's property tax bill over a period of 5 years, but may be increased by an additional $1,000 under specified circumstances; etc.
Committees
- Opposite:
- Rules and Executive Nominations
Details
Cross-filed with: HB0920
Bill File Type: Regular
Effective Date(s): June 1, 2014
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
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Documents
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Date Posted | Document Name |
---|---|
4/07/2014 | Amendments Senate - (Budget and Taxation) {309031/01 Adopted |
2/07/2014 | Text - First - Baltimore City Residential Retention Act |
4/07/2014 | Text - Third - Baltimore City Residential Retention Act |
4/05/2014 | Vote - Senate - Committee - Budget and Taxation |
3/29/2014 | Vote - Senate Floor - Third Reading Passed (46-0) - 03/29/14 |
File Code
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Subjects
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Statutes
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(
9-304 )
Last Updated: 2/3/2020 2:30 PM