Legislation
- Title
- Personal Property Tax - Investments in Maryland
- Sponsored by
- Delegates Fisher, Aumann, Buckel, Carozza, Folden, Glass, Hornberger, S. Howard, Kipke, Mautz, McComas, McConkey, McKay, McMillan, Morgan, O'Donnell, Rey, Rose, Saab, Szeliga, and B. Wilson
- Status
- In the House - Hearing 3/02 at 2:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Providing an exemption from personal property tax for property that is owned by a business that has organized under the laws of Maryland during the current tax year or that relocates its headquarters to Maryland during the current tax year; exempting specified personal property from a property tax imposed by a county or municipal corporation for all taxable years beginning after June 30, 2018; providing that specified personal property remains subject to county or municipal corporation property tax; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Introduced in a prior session as: HB0161 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): June 1, 2016
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 |
---|---|
2/03/2016 | Text - First - Personal Property Tax - Investments in Maryland |
File Code
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Subjects
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Statutes
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(
7-245, 7-402 )
Last Updated: 2/3/2020 2:29 PM