Legislation
- Title
- Forest Conservation - Mel Noland Woodland Incentives Fund - Distribution of Agricultural Land Transfer Tax Revenue
- Sponsored by
- Delegate Stein
- Status
- In the House - Hearing 2/27 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring that the agricultural land transfer tax revenue attributable to transfers of parcels of land that are at least 80% woodland, rather than entirely woodland, be remitted by each county to the Comptroller for certain purposes; increasing, from $200,000 to $500,000, the annual amount of certain revenue that is remitted to the Comptroller from the agricultural land transfer tax that is deposited into the Mel Noland Woodland Incentives Fund; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
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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(
5-101, 5-307 )
(
13-302, 13-306 )
Last Updated: 9/22/2020 2:22 PM