MD SB269 | 2024 | Regular Session

Status

Spectrum: Committee Bill
Status: Introduced on January 10 2024 - 25% progression, died in chamber
Action: 2024-02-05 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing a property tax credit against the State, county, and municipal corporation real property tax on certain properties that provide permanent supportive housing; providing for the calculation of the tax credit; providing for the recapture of the tax credit under certain circumstances; requiring a certain reimbursement by the State to a county or municipal corporation for a certain percentage of the tax credit; applying the Act to all taxable years beginning after June 30, 2025; etc.

Tracking Information

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Title

Property Tax Credit - Permanent Supportive Housing - Established

Sponsors


History

DateChamberAction
2024-02-05SenateWithdrawn by Sponsor
2024-01-11SenateHearing canceled
2024-01-09SenateHearing 1/24 at 1:00 p.m.
2024-01-10SenateFirst Reading Budget and Taxation
2023-09-21SenatePre-filed

Same As/Similar To

HB226 (Crossfiled) 2024-02-12 - Withdrawn by Sponsor

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - Property9112(n/a)See Bill Text

Maryland State Sources


Bill Comments

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