MD SB306 | 2021 | Regular Session
Status
Spectrum: Committee Bill
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-01-11 - Hearing 1/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2021-01-11 - Hearing 1/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the State Department of Assessments and Taxation to deny a request by a county or municipal corporation for reimbursement of a certain portion of the revenue not collected as a result of the enterprise zone property tax credit if the request is made after June 30; providing that the county or municipal corporation is forever barred from reimbursement under certain circumstances; requiring the Department to collect reimbursements in excess of the amount due in a certain manner; etc.
Title
Enterprise Zones - Reimbursements to Local Governments - Request Deadline and Recovery of Overpayment
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-01-11 | Senate | Hearing 1/27 at 1:00 p.m. |
2021-01-13 | Senate | First Reading Budget and Taxation |
2020-09-23 | Senate | Pre-filed |
Subjects
Assessments and Taxation, Department of
Counties
Enterprise Zones
Municipal Corporations
Property Tax
Reimbursement Rates
Tax Credits
Taxes - Property
Counties
Enterprise Zones
Municipal Corporations
Property Tax
Reimbursement Rates
Tax Credits
Taxes - Property
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 9 | 103 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0306?ys=2021RS |
Text | https://mgaleg.maryland.gov/2021RS/bills/sb/sb0306f.pdf |