MD HB507 | 2024 | Regular Session
Note: Carry Over of previous HB765
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on May 16 2024 - 100% progression
Action: 2024-05-16 - Approved by the Governor - Chapter 974
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on May 16 2024 - 100% progression
Action: 2024-05-16 - Approved by the Governor - Chapter 974
Text: Latest bill text (Chaptered) [PDF]
Summary
Authorizing the governing bodies of Allegany County and Garrett County and municipal corporations located in Allegany County and Garrett County to grant, by law, a property tax credit on certain newly constructed dwellings; prohibiting the tax credit from exceeding $10,000; and applying the Act to all taxable years beginning after June 30, 2024.
Title
Allegany and Garrett Counties - Property Tax - Credit for Construction of Housing
Sponsors
Roll Calls
2024-04-05 - Senate - Third Reading Passed (Y: 39 N: 0 NV: 5 Abs: 3) [PASS]
2024-03-15 - House - Third Reading Passed (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]
2024-03-15 - House - Third Reading Passed (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-16 | House | Approved by the Governor - Chapter 974 |
| 2024-04-06 | House | Returned Passed |
| 2024-04-05 | Senate | Third Reading Passed (39-0) |
| 2024-04-04 | Senate | Second Reading Passed |
| 2024-04-04 | Senate | Favorable Adopted |
| 2024-04-04 | Senate | Favorable Report by Budget and Taxation |
| 2024-03-21 | Senate | Hearing 3/26 at 12:00 p.m. |
| 2024-03-18 | Senate | Referred Budget and Taxation |
| 2024-03-15 | House | Third Reading Passed (135-0) |
| 2024-03-14 | House | Second Reading Passed with Amendments |
| 2024-03-14 | House | Favorable with Amendments {913227/1 Adopted |
| 2024-03-13 | House | Favorable with Amendments Report by Ways and Means |
| 2024-01-24 | House | Hearing 2/08 at 1:00 p.m. |
| 2024-01-24 | House | First Reading Ways and Means |
Same As/Similar To
HB765 (Carry Over) 2023-02-08 - Hearing 2/23 at 1:00 p.m.
Subjects
Allegany County
Comptroller
Construction
Fire Protection
Garrett County
Housing
Housing and Community Development, Department of
Income Tax
Internet Access
Laws and Ordinances
Municipal Corporations
Property Tax
Reimbursement Rates
Rules and Regulations
Sewage
Tax Credits
Taxes - Property - Local
Comptroller
Construction
Fire Protection
Garrett County
Housing
Housing and Community Development, Department of
Income Tax
Internet Access
Laws and Ordinances
Municipal Corporations
Property Tax
Reimbursement Rates
Rules and Regulations
Sewage
Tax Credits
Taxes - Property - Local
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 9 | 327 | (n/a) | See Bill Text |
