Bill number does not exist. Enter a vaild keyword.

Legislation


2004 Regular Session

HOUSE BILL 1

File Code: Taxes - Recordation and Transfer
Sponsored By:
The Speaker and Delegates Hixson, Conway, Healey, Barkley, Benson, Bobo, Bromwell, Bronrott, Busch, Cadden, Cane, G. Clagett, V. Clagett, Conroy, Cryor, D. Davis, DeBoy, Doory, Dumais, Franchot, Goldwater, Griffith, Harrison, Howard, Hurson, James, Jones, Kaiser, Kelley, King, Kirk, Krysiak, Lee, Love, Madaleno, Malone, Mandel, Marriott, McHale, McIntosh, Menes, Minnick, Moe, Montgomery, Pendergrass, Proctor, Quinter, Ramirez, Rosenberg, Sophocleus, Taylor, V. Turner, Vallario, Vaughn, Aumann, Edwards, Hammen, Stocksdale, F. Turner, and Hubbard
Entitled:
Public School Construction Assistance Act of 2004

Synopsis:

Imposing recordation and transfer taxes on the transfer of controlling interest in an entity that owns interests in real property in Maryland that constitute at least 80% of the value of the entity's assets and have an aggregate value of at least $1,000,000; requiring specified local recordation tax revenues and specified State transfer tax revenues for fiscal 2005 through 2008 to be dedicated to public school construction and renovation; etc.

History by Legislative Date

House Action
11/17
Pre-filed
1/14
First Reading Ways and Means
1/23
Re-assigned Ways and Means & Appropriations
2/11
Hearing 2/26 at 11:00 a.m.
3/15
Favorable with Amendments Report by Ways and Means
3/16
Favorable with Amendments Report Adopted
Special Order 3/17 (Delegate McMillan) Adopted
3/17
Floor Amendment (Delegate Hubbard) Adopted
Second Reading Passed with Amendments
3/19
Third Reading Passed (124-17)
Senate Action
3/22
First Reading Budget and Taxation
3/24
Hearing 4/1 at 1:00 p.m.
Sponsored by:
Speaker of the House of Delegates
Delegate Susan L. M. Aumann, District 42
Delegate Charles Barkley, District 39
Delegate Joanne C. Benson, District 24
Delegate Elizabeth Bobo, District 12B
Delegate Eric M. Bromwell, District 8
Delegate William A. Bronrott, District 16
Delegate Michael E. Busch, District 30
Delegate Joan Cadden, District 31
Delegate Rudolph C. Cane, District 37A
Delegate Virginia P. Clagett, District 30
Delegate Galen R. Clagett, District 3A
Delegate Mary A. Conroy, District 23A
Delegate Norman H. Conway, District 38B
Delegate Jean B. Cryor, District 15
Delegate Dereck E. Davis, District 25
Delegate Steven J. DeBoy, Sr., District 12A
Delegate Ann Marie Doory, District 43
Delegate Kathleen M. Dumais, District 15
Delegate George C. Edwards, District 1A
Delegate Peter Franchot, District 20
Delegate Marilyn R. Goldwater, District 16
Delegate Melony G. Griffith, District 25
Delegate Peter A. Hammen, District 46
Delegate Hattie N. Harrison, District 45
Delegate Anne Healey, District 22
Delegate Sheila E. Hixson, District 20
Delegate Carolyn J. B. Howard, District 24
Delegate James W. Hubbard, District 23A
Delegate John Adams Hurson, District 18
Delegate Mary-Dulany James, District 34A
Delegate Adrienne A. Jones, District 10
Delegate Anne R. Kaiser, District 14
Delegate Darryl A. Kelley, District 26
Delegate Nancy J. King, District 39
Delegate Ruth M. Kirk, District 44
Delegate Carolyn J. Krysiak, District 46
Delegate Susan C. Lee, District 16
Delegate Mary Ann E. Love, District 32
Delegate Richard S. Madaleno, Jr., District 18
Delegate James E. Malone, Jr., District 12A
Delegate Adrienne A. Mandel, District 19
Delegate Salima Siler Marriott, District 40
Delegate Brian K. McHale, District 46
Delegate Maggie McIntosh, District 43
Delegate Pauline H. Menes, District 21
Delegate Joseph J. Minnick, District 6
Delegate Brian R. Moe, District 21
Delegate Karen S. Montgomery, District 14
Delegate Shane E. Pendergrass, District 13
Delegate James E. Proctor, Jr., District 27A
Delegate Neil F. Quinter, District 13
Delegate Victor R. Ramirez, District 47
Delegate Samuel I. Rosenberg, District 41
Delegate Theodore Sophocleus, District 32
Delegate Nancy R. Stocksdale, District 5A
Delegate Herman L. Taylor, Jr., District 14
Delegate Frank S. Turner, District 13
Delegate Veronica Turner, District 26
Delegate Joseph F. Vallario, Jr., District 27A
Delegate Michael L. Vaughn, District 24
Bill indexed under the following Subjects:
ASSESSMENTS AND TAXATION, DEPARTMENT OF
ASSOCIATIONS -see also- COOPERATIVE ASSOCIATIONS
CONSTRUCTION
CONTINUING CARE -see also- LONG TERM CARE; NURSING HOMES
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
EXEMPTIONS
FEES -see also- DEVELOPMENT FEES AND TAXES
INTEREST
LIMITED LIABILITY COMPANIES
LOCAL GOVERNMENT MANDATES
MERGERS AND ACQUISITIONS
PARTNERSHIPS
PENALTIES
PUBLIC SCHOOLS
REAL ESTATE INVESTMENT TRUSTS
REAL PROPERTY
RECORDATION
REPORTS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
SECURITIES
STATE AID
TRANSFER TAX
Bill affects the following Statutes:
Tax - Property
( 12-110 , 12-110 , 12-116 , 13-103 , 13-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 195965/01 (PDF)     Offered on: March 16, 2004   at: 11:51 a.m.     Status: Adopted
Number: 663929/01 (PDF)     Offered on: March 17, 2004   at: 11:20 a.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
House
March 19, 2004: Third Reading Passed (124-17)
Click to return on the top page