HOUSE BILL 683

Sponsored By:

Prince George's County Delegation

Entitled:

Prince George's County - Tax Sales - High-Bid Premium PG 404-04

Synopsis:

Altering the calculation of a high-bid premium imposed on the sale at public auction of property in Prince George's County to be 20% of the amount by which the highest bid exceeds the greater of the lien amount or 40% of the property's cash value; and making the Act an emergency measure.

History by Legislative Date

House Action

2/4

First Reading Ways and Means

3/10

Hearing 3/17 at 1:00 p.m.

3/30

Favorable with Amendments Report by Ways and Means

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/31

Third Reading Passed (136-0)

4/8

Returned Passed

5/26

Signed by the Governor Chapter 512

Senate Action

4/1

First Reading Senate Rules

4/9

Re-referred Budget and Taxation

4/10

Favorable Report by Budget and Taxation

4/8

Favorable Report Adopted

Second Reading Passed

4/9

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

AUCTIONS

FEES -see also- DEVELOPMENT FEES AND TAXES

PRINCE GEORGE'S COUNTY

REAL PROPERTY

TAX SALES

Bill affects the following Statute:

Tax - Property

( 14-817 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 235160/01 (PDF)     Offered on: March 30, 2004   at: 11:19 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 31, 2004: Third Reading Passed (136-0)

Senate

April 9, 2004: Third Reading Passed (46-0)