Legislation

Exempting from the personal property tax persons with certain personal property that has a total assessed value of $10,000 or less for the taxable year beginning after December 31, 2018, and each taxable year thereafter; requiring a person annually to apply for a certain exemption to the State Department of Assessments and Taxation by a certain time; requiring the Department to establish application procedures for the personal property tax exemption under the Act; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): June 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

Legislation History
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Small Business Personal Property Tax Relief Act of 2018 Proceedings
Chamber House Calendar Date 2/12/2018 Legislative Date 2/12/2018 Action Hearing 3/06 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/09/2018	2/09/2018	First Reading Ways and Means
			Text - First - Small Business Personal Property Tax Relief Act of 2018
House	2/12/2018	2/12/2018	Hearing 3/06 at 1:00 p.m.

File Code

Subjects

Statutes