HOUSE BILL 1

Sponsored By:

The Speaker and Delegates Hixson, Conway, Healey, Barkley, Bobo, Bohanan, Bozman, Burns, Cane, G. Clagett, V. Clagett, Conroy, Donoghue, Feldman, Frush, Gutierrez, Haynes, Heller, Howard, Hubbard, Jones, Kaiser, King, Krysiak, Levy, Love, Madaleno, Malone, Mandel, Menes, Montgomery, Niemann, Patterson, Pendergrass, Petzold, Quinter, Rosenberg, Stern, Vallario, Vaughn, Zirkin, Barve, Branch, Bronrott, Cardin, Cryor, C. Davis, Doory, Franchot, Gaines, Goodwin, Gordon, Griffith, James, Lee, Marriott, Moe, Nathan-Pulliam, Paige, Proctor, Ramirez, Ross, and F. Turner

Entitled:

Public School Construction Assistance Act of 2005

Synopsis:

Imposing recordation and transfer taxes on the transfer of controlling interest in an entity that owns interests in real property in Maryland that constitute at least 80% of the value of the entity's assets and have an aggregate value of at least $1,000,000; requiring specified local recordation tax revenues and specified State transfer tax revenues for fiscal 2005 through 2008 to be dedicated to public school construction and renovation; etc.

History by Legislative Date

House Action

1/12

First Reading Ways and Means & Appropriations

1/20

Hearing 2/2 at 12:00 p.m.

Ways and Means & Appropriations

2/17

Favorable with Amendments Report by Ways and Means

2/18

Favorable with Amendments Report Adopted

Special Order 2/22 (Delegate Hixson) Adopted

2/22

Floor Amendment (Delegate Bobo) Adopted

Motion Special Order 2/23 (Delegate Shank) Rejected (39-87)

Floor Amendment (Delegate Shank) Rejected

Floor Amendment (Delegate Krebs)

Motion vote previous question (Delegate Minnick) Adopted

Floor Amendment (Delegate Krebs) Rejected (45-90)

Second Reading Passed with Amendments

2/24

Third Reading Passed (108-22)

Senate Action

2/25

First Reading Budget and Taxation

3/10

Hearing 3/23 at 1:00 p.m.

Hearing cancelled

3/18

Hearing 3/30 at 1:00 p.m.

Sponsored by:

Speaker of the House of Delegates

Delegate Charles Barkley, District 39

Delegate Kumar P. Barve, District 17

Delegate Elizabeth Bobo, District 12B

Delegate John L. Bohanan, Jr., District 29B

Delegate K. Bennett Bozman, District 38B

Delegate Talmadge Branch, District 45

Delegate William A. Bronrott, District 16

Delegate Emmett C. Burns, Jr., District 10

Delegate Rudolph C. Cane, District 37A

Delegate Jon S. Cardin, District 11

Delegate Virginia P. Clagett, District 30

Delegate Galen R. Clagett, District 3A

Delegate Mary A. Conroy, District 23A

Delegate Norman H. Conway, District 38B

Delegate Jean B. Cryor, District 15

Delegate Clarence Davis, District 45

Delegate John P. Donoghue, District 2C

Delegate Ann Marie Doory, District 43

Delegate Brian J. Feldman, District 15

Delegate Peter Franchot, District 20

Delegate Barbara Frush, District 21

Delegate Tawanna P. Gaines, District 22

Delegate Marshall T. Goodwin, District 40

Delegate Michael R. Gordon, District 17

Delegate Melony G. Griffith, District 25

Delegate Ana Sol Gutierrez, District 18

Delegate Keith E. Haynes, District 44

Delegate Anne Healey, District 22

Delegate Henry B. Heller, District 19

Delegate Sheila E. Hixson, District 20

Delegate Carolyn J. B. Howard, District 24

Delegate James W. Hubbard, District 23A

Delegate Mary-Dulany James, District 34A

Delegate Adrienne A. Jones, District 10

Delegate Anne R. Kaiser, District 14

Delegate Nancy J. King, District 39

Delegate Carolyn J. Krysiak, District 46

Delegate Susan C. Lee, District 16

Delegate Murray D. Levy, District 28

Delegate Mary Ann E. Love, District 32

Delegate Richard S. Madaleno, Jr., District 18

Delegate James E. Malone, Jr., District 12A

Delegate Adrienne A. Mandel, District 19

Delegate Salima Siler Marriott, District 40

Delegate Pauline H. Menes, District 21

Delegate Brian R. Moe, District 21

Montgomery County Delegation

Delegate Karen S. Montgomery, District 14

Delegate Shirley Nathan-Pulliam, District 10

Delegate Doyle L. Niemann, District 47

Delegate Jeffrey A. Paige, District 44

Delegate Obie Patterson, District 26

Delegate Shane E. Pendergrass, District 13

Delegate Carol S. Petzold, District 19

Prince George's County & Montgomery County Delegat

Delegate James E. Proctor, Jr., District 27A

Delegate Neil F. Quinter, District 13

Delegate Victor R. Ramirez, District 47

Delegate Samuel I. Rosenberg, District 41

Delegate Justin D. Ross, District 22

Delegate Joan F. Stern, District 39

Delegate Frank S. Turner, District 13

Delegate Joseph F. Vallario, Jr., District 27A

Delegate Michael L. Vaughn, District 24

Delegate Bobby A. Zirkin, District 11

Bill indexed under the following Subjects:

ASSESSMENTS AND TAXATION, DEPARTMENT OF

ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS

CONSTRUCTION

CONTINUING CARE -see also- LONG TERM CARE; NURSING HOMES

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

EXEMPTIONS

FEES -see also- DEVELOPMENT FEES AND TAXES

INTEREST

LIMITED LIABILITY COMPANIES

LOCAL GOVERNMENT MANDATES

MERGERS AND ACQUISITIONS

PARTNERSHIPS

PENALTIES

PUBLIC SCHOOLS

REAL ESTATE INVESTMENT TRUSTS

REAL PROPERTY

RECORDATION

REPORTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

RULES AND REGULATIONS

STATE AID

TRANSFER TAX

Bill affects the following Statutes:

Tax - Property

( 12-110 , 12-110 , 12-116 , 13-103 , 13-209 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

House

Number: 463526/01 (PDF)     Offered on: February 22, 2005   at: 11:19 a.m.     Status: Rejected

Number: 473423/01 (PDF)     Offered on: February 22, 2005   at: 11:00 a.m.     Status: Adopted

Number: 515261/01 (PDF)     Offered on: February 18, 2005   at: 11:14 a.m.     Status: Adopted

Number: 863720/01 (PDF)     Offered on: February 22, 2005   at: 11:06 a.m.     Status: Rejected

Roll Call Votes (Legislative dates are shown):

House

February 22, 2005: Motion Special Order until 2/23 (Shank) Rejected (39-87)

February 22, 2005: Floor Amendment (Krebs) Rejected (45-90)

February 24, 2005: Third Reading Passed (108-22)