Legislation
- Title
- Prince George's County - Payment in Lieu of Taxes Agreements - Multiphase Economic Development Projects and Sunset Repeal PG 408-20
- Sponsored by
- Prince George's County Delegation
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 206
- Analysis
- Fiscal and Policy Note
Synopsis
Authorizing the owner of an economic development project and the governing body of Prince George's County to enter into multiple payment in lieu of taxes agreements for different phases of an economic development project; providing that the term of an agreement may not exceed 15 years from the date a certificate of occupancy is first issued for any phase of a project; requiring, by January 1 each year, that a report on certain projects be submitted to the Prince George's County Delegation in the General Assembly: etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
- Opposite:
- Budget and Taxation
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
History
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File Code
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Subjects
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Statutes
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(
7-516 )
(
2012, 2017 )
Last Updated: 9/22/2020 1:50 PM