HOUSE BILL 861

Sponsored By:

Montgomery County Delegation

Entitled:

Montgomery County - Enterprise Zones - Tax Credits MC 2-10

Synopsis:

Requiring a lessor of real property in Montgomery County eligible for specified property tax credits to reduce by a specified amount the amount of tax for which the tenant is contractually liable under the lease under specified circumstances; authorizing the governing body of Montgomery County or of a municipal corporation in Montgomery County to grant, by law, a property tax credit against the county or municipal corporation property tax imposed on specified property located in specified enterprise zones; etc.

History by Legislative and Calendar Date

House Action

2/10

First Reading Ways and Means

2/17

Hearing 3/11 at 1:00 p.m.

3/29

Favorable with Amendments Report by Ways and Means

3/25

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/26

Third Reading Passed (139-0)

4/2

Returned Passed

Senate Action

3/29

First Reading Senate Rules

4/2

Re-referred Budget and Taxation

Hearing 4/6 at 1:00 p.m.

4/8

Favorable Report by Budget and Taxation

4/4

Favorable Report Adopted

Second Reading Passed

4/5

Third Reading Passed (46-0)

Action after passage in House and Senate

5/20

Approved by the Governor

- Chapter 707

Bill indexed under the following Subjects:

Commerce and Business -see also- Dealers; Elec. Comm.; etc

Commercial Rehabilitation -see also- Urban Renewal

Enterprise Zones

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

Leases and Rent

Montgomery County

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

Property Tax

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

Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - Property

( 9-103 , 9-317 )

Documents

Bill Text: First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note: Available

Attorney General Letter: Available

Amendments:

House

Number: 855664/01     Offered on: March 29, 2010   at: 11:59 a.m.     Status: Adopted

Committee Votes :

House

Ways and Means

Senate

Budget and Taxation

Roll Call Votes (Legislative dates are shown):

House

March 26, 2010: Third Reading Passed (139-0)

Senate

April 5, 2010: Third Reading Passed (46-0)