Legislation
- Title
- Howard County - Transfer Tax Exemption and Rate Reduction - Teachers Ho. Co. 13-18
- Sponsored by
- Howard County Delegation
- Status
- Approved by the Governor - Chapter 138
- Analysis
- Fiscal and Policy Note
Synopsis
Exempting from the Howard County transfer tax the sale of residential real property to certain teachers if the teacher is a first-time home buyer in Howard County; establishing a maximum transfer tax rate of 0.7% in Howard County for the sale of residential real property to certain teachers under certain circumstances; providing for the recapture of the transfer tax exempted or reduced under the Act under certain circumstances; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2018
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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File Code
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Subjects
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Statutes
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(
20.300 )
Last Updated: 2/3/2020 2:29 PM