MD SB344 | 2025 | Regular Session
Note: Carry Over of previous SB67
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on February 20 2025 - 50% progression
Action: 2025-02-21 - Referred Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 20 2025 - 50% progression
Action: 2025-02-21 - Referred Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a credit against the county or municipal corporation property tax on real property if use of the real property has been converted from a retail service station to other certain uses; and authorizing the State to pay to each county or municipal corporation that grants the property tax credit under the Act 50% of forgone revenue.
Title
Property Tax Credit - Retail Service Station Conversions
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-21 | House | Referred Ways and Means |
2025-02-20 | Senate | Third Reading Passed (45-0) |
2025-02-18 | Senate | Second Reading Passed with Amendments |
2025-02-18 | Senate | Favorable with Amendments {963321/1 Adopted |
2025-02-17 | Senate | Favorable with Amendments Report by Budget and Taxation |
2025-01-16 | Senate | Hearing 1/29 at 10:30 a.m. |
2025-01-16 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB341 (Crossfiled) 2025-01-18 - Hearing 2/04 at 1:00 p.m.
SB67 (Carry Over) 2024-01-09 - Hearing 1/18 at 12:00 p.m.
SB67 (Carry Over) 2024-01-09 - Hearing 1/18 at 12:00 p.m.
Subjects
Baltimore City
Counties
Fuel
Laws and Ordinances
Property Tax
Residential Property
Retail Sales
Revenue and Taxes
Service Stations
State Aid
Storage
Tax Credits
Taxes - Property
Counties
Fuel
Laws and Ordinances
Property Tax
Residential Property
Retail Sales
Revenue and Taxes
Service Stations
State Aid
Storage
Tax Credits
Taxes - Property
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 9 | 275 | (n/a) | See Bill Text |