SENATE BILL 651

Sponsored By:

Senator Baker

Entitled:

Property Tax Credit - Businesses That Create New Jobs

Synopsis:

Decreasing the number of individuals employed in new permanent full-time positions in new or expanded premises needed to qualify a business in counties with populations under 30,000 for the propety tax credit for businesses that create new jobs.

History by Legislative Date

Senate Action

2/10

First Reading Senate Rules

2/16

Re-referred Budget and Taxation

2/24

Hearing 3/17 at 1:30 p.m.

3/24

Favorable with Amendments Report by Budget and Taxation

3/25

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/26

Third Reading Passed (46-0)

House Action

3/26

First Reading Ways and Means

Hearing 3/31 at 1:00 p.m.

4/7

Favorable with Amendments Report by Ways and Means

4/3

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/4

Third Reading Passed with Amendments (136-0)

Bill indexed under the following Subjects:

CAROLINE COUNTY

COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

DORCHESTER COUNTY

GARRETT COUNTY

KENT COUNTY

PROPERTY TAX -see also- ASSESSMENTS

SOMERSET COUNTY

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.

Bill affects the following Statutes:

Tax - Property

( 9-230 , 9-230 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 689723/1 (PDF)     Offered on: March 25, 1999   at: 12:28 p.m.     Status: Adopted

House

Number: 835756/1 (PDF)     Offered on: April 7, 1999   at: 10:38 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 26, 1999: Third Reading Passed (46-0)

House

April 4, 1999: Third Reading Passed (136-0)