Legislation

Title: Economic, Housing, and Community Development – Opportunity Zone Incentives
Sponsored by: Senators Ferguson, Feldman, Guzzone, Klausmeier, Eckardt, Edwards, Hayes, Hester, Rosapepe, and Serafini
Status: Approved by the Governor - Chapter 211
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Extending certain benefits under the More Jobs for Marylanders Program to businesses that locate or expand in opportunity zones in the State; establishing the Opportunity Zone Enhancement Program in the Department and providing for the administration of the tax credit enhancements offered by the Program; authorizing an additional tax credit under the historic revitalization tax credit program for certain commercial rehabilitations that qualify as opportunity zone projects; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB1260

Bill File Type: Regular

Effective Date(s): July 1, 2019, 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 Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic and Community Development Tax Credits - Opportunity Zone Enhancement Program Proceedings
Chamber Senate Calendar Date 2/06/2019 Legislative Date 2/06/2019 Action Hearing 2/26 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2019 Legislative Date 3/25/2019 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/26/2019 Legislative Date 3/22/2019 Action Favorable with Amendments {639634/1 Adopted Proceedings 54 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2019 Legislative Date 3/22/2019 Action Floor Amendment {403223/1 (Senator Ferguson) Adopted Proceedings 54 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2019 Legislative Date 3/22/2019 Action Floor Amendment {623828/1 (Senator Ferguson) Adopted Proceedings 54 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2019 Legislative Date 3/22/2019 Action Floor Amendment {123229/1 (Senator McCray) Adopted Proceedings 54 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2019 Legislative Date 3/22/2019 Action Second Reading Passed with Amendments Proceedings 54 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic, Housing, and Community Development – Opportunity Zone Incentives Proceedings
Chamber Senate Calendar Date 3/27/2019 Legislative Date 3/23/2019 Action Third Reading Passed (44-0) Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 3/28/2019 Legislative Date 3/20/2019 Action Referred Rules and Executive Nominations Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 3/28/2019 Legislative Date 3/29/2019 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 3/29/2019 Legislative Date 3/29/2019 Action Hearing 4/02 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/05/2019 Legislative Date 4/05/2019 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/05/2019 Legislative Date 3/28/2019 Action Favorable with Amendments {615969/1 Adopted Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/05/2019 Legislative Date 3/28/2019 Action Second Reading Passed with Amendments Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/05/2019 Legislative Date 3/29/2019 Action Floor Amendment {493523/2 (Delegate Lafferty) Adopted Proceedings 64 Click to view Recorded Media
Chamber House Calendar Date 4/05/2019 Legislative Date 3/29/2019 Action Third Reading Passed with Amendments (126-6) Proceedings 64 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2019 Legislative Date 3/31/2019 Action Senate Concurs House Amendments Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2019 Legislative Date 3/31/2019 Action Third Reading Passed (46-0) Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2019 Legislative Date 3/31/2019 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Economic, Housing, and Community Development – Opportunity Zone Incentives Proceedings
Chamber Post Passage Calendar Date 4/30/2019 Legislative Date 4/30/2019 Action Approved by the Governor - Chapter 211 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Economic, Housing, and Community Development – Opportunity Zone Incentives Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/04/2019	2/04/2019	First Reading Budget and Taxation
			Text - First - Economic and Community Development Tax Credits - Opportunity Zone Enhancement Program
Senate	2/06/2019	2/06/2019	Hearing 2/26 at 2:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/25/2019	3/25/2019	Favorable with Amendments Report by Budget and Taxation
Senate	3/26/2019	3/22/2019	Favorable with Amendments {639634/1 Adopted	54 Click to view Recorded Media
Senate	3/26/2019	3/22/2019	Floor Amendment {403223/1 (Senator Ferguson) Adopted	54 Click to view Recorded Media
Senate	3/26/2019	3/22/2019	Floor Amendment {623828/1 (Senator Ferguson) Adopted	54 Click to view Recorded Media
Senate	3/26/2019	3/22/2019	Floor Amendment {123229/1 (Senator McCray) Adopted	54 Click to view Recorded Media
Senate	3/26/2019	3/22/2019	Second Reading Passed with Amendments	54 Click to view Recorded Media
			Text - Third - Economic, Housing, and Community Development – Opportunity Zone Incentives
Senate	3/27/2019	3/23/2019	Third Reading Passed (44-0)	55 Click to view Recorded Media
House	3/28/2019	3/20/2019	Referred Rules and Executive Nominations	55 Click to view Recorded Media
House	3/28/2019	3/29/2019	Rereferred to Ways and Means
House	3/29/2019	3/29/2019	Hearing 4/02 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/05/2019	4/05/2019	Favorable with Amendments Report by Ways and Means
House	4/05/2019	3/28/2019	Favorable with Amendments {615969/1 Adopted	63 Click to view Recorded Media
House	4/05/2019	3/28/2019	Second Reading Passed with Amendments	63 Click to view Recorded Media
House	4/05/2019	3/29/2019	Floor Amendment {493523/2 (Delegate Lafferty) Adopted	64 Click to view Recorded Media
House	4/05/2019	3/29/2019	Third Reading Passed with Amendments (126-6)	64 Click to view Recorded Media
Senate	4/08/2019	3/31/2019	Senate Concurs House Amendments	63 Click to view Recorded Media
Senate	4/08/2019	3/31/2019	Third Reading Passed (46-0)	63 Click to view Recorded Media
Senate	4/08/2019	3/31/2019	Passed Enrolled
			Text - Enrolled - Economic, Housing, and Community Development – Opportunity Zone Incentives
Post Passage	4/30/2019	4/30/2019	Approved by the Governor - Chapter 211
			Text - Chapter - Economic, Housing, and Community Development – Opportunity Zone Incentives

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