MD HB1018 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2024 - 25% progression
Action: 2024-02-06 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2024 - 25% progression
Action: 2024-02-06 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exempting all personal property in the possession of a person engaged in a manufacturing business that is a small or medium-sized enterprise from the personal property tax.
Title
Manufacturing Business Personal Property Tax - Exemption
Sponsors
| Del. Lily Qi [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | House | Hearing 2/27 at 1:00 p.m. |
| 2024-02-05 | House | First Reading Ways and Means |
Subjects
Equipment
Exemptions
Industry and Technology
Municipal Corporations
Personal Property
Property Tax
Special Tax Districts
Taxes - Property
Washington County
Wicomico County
Exemptions
Industry and Technology
Municipal Corporations
Personal Property
Property Tax
Special Tax Districts
Taxes - Property
Washington County
Wicomico County
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 1 | 101 | (n/a) | See Bill Text |
| Tax - Property | 6 | 104 | (n/a) | See Bill Text |
| Tax - Property | 7 | 109 | (n/a) | See Bill Text |
| Tax - Property | 7 | 222 | (n/a) | See Bill Text |
| Tax - Property | 7 | 225 | (n/a) | See Bill Text |
| Tax - Property | 7 | 225.1 | (n/a) | See Bill Text |
| Tax - Property | 7 | 508 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1018?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1018f.pdf |
