HOUSE BILL 566

Sponsored By:

Delegates Hixson, Goldwater, Kopp, and Genn

Entitled:

Property Tax Credit - Businesses That Create New Jobs

Synopsis:

Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a property tax credit against the county or municipal corporation property tax imposed on real property and personal property that meets eligibility criteria including requirements for the construction, expansion, or lease of a certain minimum number of square feet on which the business entity conducts its business and the creation of a certain minimum number of new permanent full-time positions; etc.

Legislative History

House Action

1/31

First Reading Ways and Means

Hearing 2/6 at 11:00 a.m.

3/19

Favorable Report by Ways and Means

Favorable Report Adopted

Second Reading Passed

3/20

Third Reading Passed (136-1)

Senate Action

3/20

First Reading Budget and Taxation

3/26

Hearing 3/29 at 1:00 p.m.

4/8

Unfavorable Report by Budget and Taxation

Sponsored by:

Delegate Sheila Ellis Hixson, District 20

Delegate Gilbert J. Genn, District 16

Delegate Marilyn Goldwater, District 16

Delegate Nancy K. Kopp, District 16

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- SMALL BUSINESS

COUNTIES

LEASES AND RENT -see also- EVICTION

MUNICIPAL CORPORATIONS

PROPERTY TAX -see also- ASSESSMENTS

TAX CREDITS

Bill affects the following Statute:

Tax - Property

( 9-227 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None available