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Legislation


1999 Regular Session

HOUSE BILL 396

CHAPTER NUMBER: 631 File Code: Miscellaneous - Local
Sponsored By:
Charles County Delegation
Entitled:
Charles County - Recordation Tax Credit - Targeted Businesses

Synopsis:

Authorizing the governing body of Charles County to grant, by law, a recordation tax credit on an instrument of writing which transfers property to targeted businesses relocating, expanding, or undertaking new construction work in Charles County; and requiring that any law adopted by the governing body of Charles County to grant a recordation tax credit specify the eligibility criteria and any desired conditions or restrictions for the tax credit and the amount of the tax credit.

History by Legislative Date

House Action
2/8
First Reading Ways and Means
2/10
Hearing 2/24 at 11:00 a.m.
3/8
Favorable Report by Ways and Means
3/9
Favorable Report Adopted
Second Reading Passed
3/11
Third Reading Passed (136-1)
3/31
Return Passed
5/27
Signed by the Governor Chapter 631
Senate Action
3/12
First Reading Budget and Taxation
3/17
Hearing 3/26 at 2:00 p.m.
4/1
Favorable Report by Budget and Taxation
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
CHARLES COUNTY
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
PUBLIC LOCAL LAWS
RECORDATION -see also- TRANSFER TAX
REVENUE AND TAXES -see also specific taxes-
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - Property
( 12-114 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 11, 1999: Third Reading Passed (136-1)
Senate
April 2, 1999: Third Reading Passed (47-0)
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