HOUSE BILL 146

Sponsored By:

Delegates Hixson, Hucker, and Mizeur

Entitled:

Condominiums - Conversion of Rental Facilities - Extended Leases - Property Tax Credit

Synopsis:

Increasing from 3 to 5 years the minimum period of an extended lease that a developer converting a rental facility to a condominium is required to offer specified households; authorizing a county or municipal corporation to grant, by law, a property tax credit against the county or municipal corporation property tax imposed on residential real property owned by a developer that converts a residential rental facility to a condominium and offers extended leases to tenants of the residential rental facility; etc.

History by Legislative and Calendar Date

House Action

1/18

First Reading Environmental Matters & Ways and Means

1/30

Hearing 2/14 at 1:00 p.m. (Environmental Matters)

4/4

Favorable Report by Environmental Matters

3/29

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (137-1)

Senate Action

4/2

First Reading Senate Rules

4/7

Re-referred Budget and Taxation

Sponsored by:

Delegate Sheila E. Hixson, District 20

Delegate Tom Hucker, District 20

Delegate Heather R. Mizeur, District 20

Bill indexed under the following Subjects:

Condominiums

Counties -see also- Chartered Counties; Code Counties

Disabilities -see also- Blind; Deaf; Developmental

Elderly Persons

Landlord and Tenant -see also- Eviction; Leases & Rent; etc.

Leases and Rent

Municipal Corporations -see also- Annap; Balt; Hager; OC

Notices

Property Tax

Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Real Property

( 11-102.1 , 11-137 , 11-140 )

Tax - Property

( 9-248 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 30, 2008: Third Reading Passed (137-1)