Legislation

Title: Property and Income Taxes – Credits for Construction and Purchase of Housing in Western Maryland
Sponsored by: Senators Edwards and Corderman
Status: In the Senate - Hearing 2/23 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring the governing body of certain counties and municipal corporations located in Western Maryland to grant a property tax credit on certain newly constructed dwellings; allowing certain persons who construct more than 10 middle-income homes in Allegany County, Garrett County, or Washington County to claim a credit against the State income tax; requiring the Department of Housing and Community Development to administer the credit; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0843

Bill File Type: Regular

Effective Date(s): June 1, 2022

History

Legislation History
Chamber Senate Calendar Date 2/04/2022 Legislative Date 2/04/2022 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2022 Legislative Date 2/05/2022 Action Hearing 2/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Property and Income Taxes – Credits for Construction and Purchase of Housing in Western Maryland Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/04/2022	2/04/2022	First Reading Budget and Taxation
Senate	2/05/2022	2/05/2022	Hearing 2/23 at 1:00 p.m.
			Text - First - Property and Income Taxes – Credits for Construction and Purchase of Housing in Western Maryland

File Code

Subjects

Statutes