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Legislation


2006 Regular Session

SENATE BILL 633

File Code: Taxes - Property Crossfiled with: HOUSE BILL 252
Sponsored By:
Senator Forehand
Entitled:
Property Tax - Exemption for Property Used as a Business Incubator

Synopsis:

Exempting from the State and local property tax property that is used as a business incubator if the State, a county, a municipal corporation, a public institution of higher education, or an agency or instrumentality of the State, a county, a municipal corporation, or a public institution of higher education owns, controls, or leases the space that is used as a business incubator or is the primary source of funding for the business incubator; etc.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
3/1
Hearing 3/14 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
EXEMPTIONS
LOCAL GOVERNMENT MANDATES
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
PROPERTY TAX
SMALL BUSINESS
STATE UNIVERSITIES AND COLLEGES

Bill affects the following Statute:

Tax - Property
( 7-242 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
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