SENATE BILL 708

Sponsored By:

Senator Colburn

Entitled:

Talbot County - Property Tax Credit - Real Property Owned or Occupied by County Businesses

Synopsis:

Authorizing the governing body of Talbot County to grant, by law, a property tax credit against the county property tax imposed on new real property that is new construction or a substantial improvement to real property and that is owned or occupied by commercial or industrial businesses that are or will be doing business in Talbot County; and clarifying the rights of the governing body of Talbot County regarding any property tax credit that is granted.

History by Legislative Date

Senate Action

2/19

First Reading Senate Rules

2/25

Re-referred Budget and Taxation

2/26

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

3/29

Favorable Report by Budget and Taxation

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (45-0)

4/8

Return Passed

5/27

Governor vetoed - Cross-filed bill was signed

House Action

3/29

First Reading Ways and Means

3/31

Hearing 4/1 at 1:00 p.m.

4/7

Favorable Report by Ways and Means

4/3

Favorable Report Adopted

Second Reading Passed

4/4

Third Reading Passed (136-0)

Bill indexed under the following Subjects:

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

INDUSTRY AND TECHNOLOGY

PROPERTY TAX -see also- ASSESSMENTS

REAL PROPERTY

TALBOT COUNTY

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-322 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 30, 1999: Third Reading Passed (45-0)

House

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