HOUSE BILL 1010

Sponsored By:

Allegany County Delegation

Entitled:

Allegany County - Property Tax Credit - Residential Development Property

Synopsis:

Authorizing the governing body of Allegany County or a municipal corporation in Allegany County to grant a property tax credit for a specified amount against the county and municipal corporation property tax imposed on property subdivided into five or more lots for purposes of future residential development; providing for a specified limitation on the tax credit; and providing for the application of the Act to tax years beginning after June 30, 2004.

History by Legislative Date

House Action

2/12

First Reading Ways and Means

2/18

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

3/15

Favorable Report by Ways and Means

3/16

Favorable Report Adopted

Second Reading Passed

3/19

Third Reading Passed (139-0)

4/6

Returned Passed

5/26

Signed by the Governor Chapter 527

Senate Action

3/22

First Reading Budget and Taxation

3/24

Hearing 4/6 at 1:00 p.m.

4/5

Hearing cancelled

Hearing 4/8 at 8:00 a.m.

4/9

Favorable Report by Budget and Taxation

4/7

Favorable Report Adopted

Second Reading Passed

4/8

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

ALLEGANY COUNTY

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC

PROPERTY TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-302 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 19, 2004: Third Reading Passed (139-0)

Senate

April 8, 2004: Third Reading Passed (46-0)