MD HB414 | 2020 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Committee Bill
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizing the governing body of St. Mary's County to grant, by law, a property tax credit against the county property tax imposed on commercial real property that is located in an eligible area of the county and that has been improved on or after July 1, 2020; prohibiting the tax credit from exceeding 25% of the county property tax; requiring the governing body of St. Mary's County to define, by law, certain eligibility criteria; applying certain provisions of the Act to all taxable years beginning after June 30, 2020; etc.
Title
St. Mary’s County – Property Tax Credit for Improvements to Commercial Real Property and Transfer Tax Sunset Extension
Sponsors
Roll Calls
2020-03-17 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2020-03-14 - House - Third Reading Passed (Y: 130 N: 0 NV: 2 Abs: 9) [PASS]
2020-03-14 - House - Third Reading Passed (Y: 130 N: 0 NV: 2 Abs: 9) [PASS]
History
Date | Chamber | Action |
---|---|---|
2020-05-08 | House | Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 199 |
2020-03-17 | House | Returned Passed |
2020-03-17 | Senate | Third Reading Passed (45-0) |
2020-03-17 | Senate | Motion Rules Suspend Two Readings Same Day Const/Rule 24 (Senator King) Adopted |
2020-03-16 | Senate | Second Reading Passed |
2020-03-16 | Senate | Favorable Adopted |
2020-03-16 | Senate | Favorable Report by Budget and Taxation |
2020-03-15 | Senate | Referred Budget and Taxation |
2020-03-14 | House | Third Reading Passed (130-0) |
2020-03-12 | House | Second Reading Passed with Amendments |
2020-03-12 | House | Favorable with Amendments {745965/1 Adopted |
2020-03-12 | House | Favorable with Amendments Report by Ways and Means |
2020-01-28 | House | Hearing 2/11 at 1:00 p.m. |
2020-01-23 | House | First Reading Ways and Means |
Subjects
Boundaries
Commercial Property
Construction
Laws and Ordinances
Property Tax
St. Mary's County
Tax Credits
Taxes - Property - Local
Commercial Property
Construction
Laws and Ordinances
Property Tax
St. Mary's County
Tax Credits
Taxes - Property - Local
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 9 | 320 | (n/a) | See Bill Text |
St. Mary's County | 138 | 1B | (n/a) | See Bill Text |
St. Mary's County | 138 | 1F | (n/a) | See Bill Text |