HOUSE BILL 1056

Sponsored By:

Prince George's County Delegation

Entitled:

Prince George's County - Port Towns Green Business Zone PG 418-11

Synopsis:

Creating the Port Towns green business zone in Prince George's County; establishing a credit against the State income tax for green businesses located in the zone; establishing a credit against property taxes imposed on specified real property of a green business located in the zone; requiring the State to remit funds to the county or municipal corporation to offset a specified amount of property tax revenues not collected by the county or municipal corporation because of the property tax credit; etc.

History by Legislative and Calendar Date

House Action

2/11

First Reading Ways and Means

2/16

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

3/1

Hearing cancelled

3/23

Unfavorable Report by Ways and Means Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

Alternative Energy Sources

Apprentices

Assessments and Taxation, Department of

Business and Economic Development, Department of

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

Comptroller

Energy Matters -see also- Alt Energy Res; Fuel; Power Plants

Income Tax

Job Training

Local Government Mandates

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

Prince George's County

Property Tax

Reports

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

Sunset

Tax Credits -see also- Circuit Breaker

Work, Labor and Employment -see also- Col Barg; Holiday; etc

Zoning and Planning

Bill affects the following Statutes:

Economic Development

( 13-1201 , 13-1202 , 13-1203 , 13-1204 , 13-1205 )

Tax - General

( 10-702.1 )

Tax - Property

( 9-103.1 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Ways and Means