File Code: Taxes - Property
- Sponsored By:
-
Senators Pipkin, Greenip, Hafer, Haines, Harris, Hooper, Jacobs,
Kittleman, and Mooney
- Entitled:
-
State Property Tax Rate Reduction
Requiring the Governor to include in the budget bill for fiscal years
after 2007 a general fund appropriation for payment of debt service on
State bonds in an amount estimated to be sufficient to establish a
State property tax rate of 8.4 cents per $100 of assessment; requiring
the Governor to transfer $90,000,000 from the Revenue Stabilization
Account to the Annuity Bond Fund, to be used for payment of debt
service for fiscal 2007 to reduce the State property tax rate to 8.4
cents per $100 of assessment; etc.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 3/1
- Hearing 3/16 at 1:00 p.m.
- 3/16
- Hearing cancelled
- Hearing 3/20 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator E. J. Pipkin, District 36
- Senator Janet Greenip, District 33
- Senator John J. Hafer, District 1
- Senator Larry E. Haines, District 5
- Senator Andrew P. Harris, District 7
- Senator J. Robert Hooper, District 35
- Senator Nancy Jacobs, District 34
- Senator Allan H. Kittleman, District 9
- Senator Alexander X. Mooney, District 3
Bill indexed under the following Subjects:
- APPROPRIATIONS
- PROPERTY TAX
- PUBLIC DEBT -see also- COUNTY & BALT CITY BONDS; STATE BONDS
- PUBLIC WORKS, BOARD OF
- STATE BONDS
Bill affects the following Statute:
- State Finance and Procurement
- (
8-134
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
