SENATE BILL 575

Sponsored By:

Senators Derr and Ferguson (Frederick County Senators)

Entitled:

Frederick County - Property Tax Credit - Leased Property Used for Educational Purposes

Synopsis:

Authorizing the governing body of Frederick County and a municipal corporation in Frederick County to grant, by law, a property tax credit against county or municipal corporation property tax imposed on real property leased to a nonprofit school and used exclusively for primary or secondary educational purposes; and providing for the duration of the property tax credit.

Legislative History

Senate Action

1/31

First Reading Budget and Taxation

2/12

Hearing 3/5 at 1:30 p.m.

2/21

Hearing cancelled

Hearing 3/5 at 1:00 p.m.

3/13

Favorable Report by Budget and Taxation

3/14

Favorable Report Adopted (38-0)

Second Reading Passed

3/18

Third Reading Passed (46-0)

4/1

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

House Action

3/18

First Reading Ways and Means

3/19

Hearing 3/26 at 1:00 p.m.

3/31

Favorable Report by Ways and Means

3/27

Favorable Report Adopted

Second Reading Passed

3/28

Third Reading Passed (132-1)

Sponsored by:

Senator John W. Derr, District 3

Senator Timothy R. Ferguson, District 4

Bill indexed under the following Subjects:

FREDERICK COUNTY

MUNICIPAL CORPORATIONS

PRIVATE SCHOOLS

PROPERTY TAX -see also- ASSESSMENTS

TAX CREDITS

Bill affects the following Statute:

Tax - Property

( 9-312 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)