Legislation

Title: Personal Property Tax - Investments in Maryland
Sponsored by: Delegates M. Fisher, Buckel, Corderman, Hornberger, Kittleman, Malone, and Morgan
Status: In the House - Hearing 2/26 at 1:00 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 has relocated its headquarters to Maryland during the current tax year; exempting certain personal property from a property tax imposed by a county or municipal corporation for all taxable years beginning after June 30, 2021; providing that certain 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: HB0380 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2019

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

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Personal Property Tax - Investments in Maryland Proceedings
Chamber House Calendar Date 2/12/2019 Legislative Date 2/12/2019 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - Personal Property Tax - Investments in Maryland
House	2/12/2019	2/12/2019	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes