File Code: Counties - Generally
Crossfiled with: HOUSE BILL 713
- Sponsored By:
-
Senator McFadden (Baltimore City Administration)
- Entitled:
-
Qualified Distressed Counties - State Assisted Tax Increment Financing
Authorizing a local jurisdiction establishing a development district
to pledge towards the repayment of bonds specified amounts remitted by
the State to the local jurisdiction; authorizing the Secretary of
Business and Economic Development to approve specified development
districts for State assistance; requiring the State, as provided in
the State budget, to remit to the local jurisdiction a specified
amount equal to a portion of State tax revenues attributable to the
development district; etc.
Senate Action
- 2/1
- First Reading Budget and Taxation
- 2/13
- Hearing 3/12 at 1:30 p.m.
House Action
- No Action
- Sponsored by:
- Senator Nathaniel J. McFadden, District 45
- Baltimore City Administration
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- BUDGETS -see also- CAPITAL BUDGETS
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCIAL REHABILITATION
- COMPTROLLER
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- COUNTY AND BALTIMORE CITY BONDS
- ENTERPRISE ZONES
- GROSS RECEIPTS TAX
- INCOME TAX
- MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
- PROPERTY TAX
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- SALES AND USE TAX
- SPECIAL TAX DISTRICTS
- STATE AID
- TAX CREDITS -see also- CIRCUIT BREAKER
- URBAN RENEWAL -see also- COMMERCIAL REHABILITATION
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1701 ,
5-1702 ,
5-1703 ,
5-1704
)
- Article - 41 Governor - Executive and Administrative Departments
- (
14-204 ,
14-206
)
- Tax - Property
- (
9-103
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
