HOUSE BILL 1392

Sponsored By:

Delegates Kaiser, Barkley, Conroy, Dumais, Franchot, Goldwater, Heller, Lawton, Mandel, Montgomery, Patterson, and Ross

Entitled:

Transportation Funding - Mass Transit - Sales and Use Tax

Synopsis:

Altering the distribution of sales and use tax revenue; creating a Mass Transit Account within the Transportation Trust Fund; providing for the distribution of specified sales and use tax revenue to the Account; pledging specified taxes collected to pay the principal of and interest on specified bonds; providing for periodic increases in the distribution rate of the sales and use tax revenue; limiting the use of the Account to funding transit capital and operating expenses; etc.

History by Legislative Date

House Action

2/10

First Reading Ways and Means

2/22

Hearing 3/7 at 1:00 p.m.

4/7

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Anne R. Kaiser, District 14

Delegate Charles Barkley, District 39

Delegate Mary A. Conroy, District 23A

Delegate Kathleen M. Dumais, District 15

Delegate Peter Franchot, District 20

Delegate Marilyn R. Goldwater, District 16

Delegate Henry B. Heller, District 19

Delegate Jane E. Lawton, District 18

Delegate Adrienne A. Mandel, District 19

Delegate Karen S. Montgomery, District 14

Delegate Obie Patterson, District 26

Delegate Justin D. Ross, District 22

Bill indexed under the following Subjects:

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

GRANTS

MASS TRANSIT -see also- BUSES; RAILROADS

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

SALES AND USE TAX

TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc

Bill affects the following Statutes:

Tax - General

( 2-1302.2 , 2-1303 )

Transportation

( 3-215 , 3-216 , 3-401 )

Documents:

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

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered