MD HB969 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2025 - 25% progression
Action: 2025-01-31 - First Reading Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 31 2025 - 25% progression
Action: 2025-01-31 - First Reading Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the State Department of Assessments and Taxation, subject to certain limitations, to use a certain method when determining the value of the operating property of a provider of rural broadband service; authorizing the Department to use a certain replacement cost approach only if the value determined is less than the value determined using a certain income approach; and applying the Act to all taxable years beginning after June 30, 2025.
Title
Property Tax – Valuation of Operating Property of Rural Broadband Service Providers
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-31 | House | First Reading Ways and Means |
Same As/Similar To
SB774 (Crossfiled) 2025-01-31 - First Reading Budget and Taxation
Subjects
Assessments
Assessments and Taxation, Department of
Internet Access
Property Tax
Rural Areas
State Aid
Tax Credits
Taxes - Property
Assessments and Taxation, Department of
Internet Access
Property Tax
Rural Areas
State Aid
Tax Credits
Taxes - Property
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 8 | 109 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0969?ys=2025RS |
| Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb0969f.pdf |
