Legislation
- Title
- Baltimore City - Property Tax Exemption - Low Income Housing
- Sponsored by
- Senator McFadden (By Request - Baltimore City Administration)
- Status
- In the House - Hearing 4/01 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Providing for an exemption, under specified circumstances, from property tax for real property located in Baltimore City if, under specified circumstances, the owner of the real property is a specified business entity or is a specified limited partnership whose managing general partner is a specified business entity; authorizing a specified agreement to provide an abatement or reduction of specified property taxes subject to a specified limitation under a specified circumstance; etc.
Committees
- Original:
- Budget and Taxation
- Opposite:
- Ways and Means
Details
Cross-filed with: HB0497
Bill File Type: Regular
Effective Date(s): June 1, 2015
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
(
7-503.1 )
Last Updated: 2/3/2020 2:29 PM