SENATE BILL 679

Sponsored By:

Senator Gladden

Entitled:

Maryland Health and Higher Educational Facilities Authority - Payment in Lieu of Tax Agreement

Synopsis:

Prohibiting the Maryland Health and Higher Educational Facilities Authority from providing specified assistance to a participating institution for a project on undeveloped property unless the participating institution demonstrates that it is negotiating in good faith a payment in lieu of tax agreement with the local jurisdiction where the project is located; authorizing specified payment in lieu of tax agreements; etc.

History by Legislative and Calendar Date

Senate Action

2/6

First Reading Budget and Taxation

3/4

Hearing 3/18 at 1:00 p.m.

3/12

Hearing cancelled

Hearing 3/17 at 1:00 p.m.

3/23

Unfavorable Report by Budget and Taxation Withdrawn

House Action

No Action

Bill indexed under the following Subjects:

Bonds -see also- County & Baltimore City Bonds; State Bonds.

Counties -see also- Chartered Counties; Code Counties

Health -see also- Mental Health

Health and Higher Educational Facilities Authority

Higher Education -see also- Comm Colleges; Med Schools; etc.

Notices

Real Property

Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Bill affects the following Statutes:

Economic Development

( 10-315 , 10-323 , 10-338 )

Documents:

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

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

Amendments: None offered