File Code: Property
Crossfiled with: HOUSE BILL 461
- Sponsored By:
-
Senators Hogan, Ruben, Van Hollen, and Collins
- Entitled:
-
Property Tax Exemption - Charitable Organizations - Abatement and
Refund of Property Tax in Year of Transfer
Providing that property tax on any property that is transferred to a
nonprofit charitable organization is abated from the date during the
taxable year when the instrument transferring title to the
organization is recorded if specified conditions are met; providing
that the amount of property tax abated may not exceed the amount of
property tax actually paid or reimbursed by an eligible organization
at the property settlement; and providing that the Act is applicable
to all taxable years beginning after June 30, 1998.
Senate Action
- 1/23
- First Reading Budget and Taxation
- 2/25
- Hearing 3/11 at 1:30 p.m.
- 3/25
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed (45-2)
- 4/10
- Senate Concur - House Amendment
- Third Reading Passed (47-0)
- Passed Enrolled
- 5/21
- Governor vetoed - Cross-filed bill was signed
House Action
- 3/27
- First Reading Ways and Means
- Hearing 4/1 at 1:15 p.m.
- 4/8
- Favorable with Amendments Report by Ways and Means
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Third Reading Passed with Amendments (134-1)
- Sponsored by:
- Senator Patrick J. Hogan, District 39
- Senator Michael J. Collins, District 6
- Senator Ida G. Ruben, District 20
- Senator Christopher Van Hollen, Jr., District 18
- Bill indexed under the following Subjects:
- EXEMPTIONS
- NONPROFIT ORGANIZATIONS
- PROPERTY TAX -see also- ASSESSMENTS
- Bill affects the following Statutes:
- Tax - Property
- (
7-104 ,
7-202
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 559918/1 (PDF) Offered on: March 25, 1998 at:
12:14 p.m. Status: Adopted
- House
- Number: 395748/1 (PDF) Offered on: April 8, 1998 at:
10:31 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 27, 1998: Third Reading Passed (45-2)
- April 10, 1998: Third Reading Passed (47-0)
- House
- April 4, 1998: Third Reading Passed (134-1)
