MD SB1147 | 2024 | Regular Session
Status
Spectrum: Committee Bill
Status: Introduced on February 10 2024 - 25% progression, died in committee
Action: 2024-02-10 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2024 - 25% progression, died in committee
Action: 2024-02-10 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing certain owners of real property and the governing body of Howard County to enter into payment in lieu of taxes agreements for maintaining a certain number of moderate income housing units at the property; requiring the County Executive of Howard County to publish on the county's website the methodology used to calculate the negotiated payment amount under a payment in lieu of taxes agreement authorized under the Act and to reevaluate the methodology at least once every 5 years; etc.
Title
Howard County - Payment in Lieu of Taxes Agreements - Moderate Income Housing Ho. Co. 8-24
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-10 | Senate | First Reading Senate Rules |
Same As/Similar To
HB1357 (Crossfiled) 2024-05-16 - Approved by the Governor - Chapter 967
Subjects
Contracts
County Executives
Electronic Government
Exemptions
Housing
Howard County
Property Tax
Real Property
Taxes - Property - Local
County Executives
Electronic Government
Exemptions
Housing
Howard County
Property Tax
Real Property
Taxes - Property - Local
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 7 | 521 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB1147?ys=2024RS |
Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb1147f.pdf |