SENATE BILL 395

Sponsored By:

Senators Ruben and Hogan

Entitled:

Property Tax Credit - Vacant or Underutilized Commercial Buildings

Synopsis:

Authorizing the governing body of a county or municipal corporation to provide for a property tax credit for vacant or underutilized commercial buildings that are converted to primarily residential housing; requiring the governing body of a county to submit a copy of any legislation granting a credit to the Maryland Department of Assessments and Taxation; etc.

History by Legislative Date

Senate Action

2/5

First Reading Budget and Taxation

2/24

Hearing 3/17 at 1:30 p.m.

3/29

Favorable with Amendments Report by Budget and Taxation

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/30

Third Reading Passed (45-0)

4/8

Return Passed

5/13

Signed by the Governor Chapter 351

House Action

3/29

First Reading Ways and Means

3/31

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

4/7

Favorable Report by Ways and Means

4/3

Favorable Report Adopted

Second Reading Passed

4/4

Third Reading Passed (133-0)

Sponsored by:

Senator Ida G. Ruben, District 20

Senator Patrick J. Hogan, District 39

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

EXEMPTIONS

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

LAWS AND ORDINANCES - see also- PUB LOCAL LAWS; UNIFORM LAWS

MUNICIPAL CORPORATIONS

PROPERTY TAX -see also- ASSESSMENTS

REAL PROPERTY

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - Property

( 9-233 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 679829/1 (PDF)     Offered on: March 29, 1999   at: 7:57 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 30, 1999: Third Reading Passed (45-0)

House

April 4, 1999: Third Reading Passed (133-0)