MD HB1301 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/03 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/03 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [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 property tax credit on a certain assessment of certain qualified opportunity zone property if the taxpayer has invested at least $100,000, including acquisition costs and improvements, in the property; providing for the calculation of the credit; etc.
Title
Property Tax Credit - Opportunity Zone Property Improvements
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-10 | House | Hearing 3/03 at 1:00 p.m. |
| 2020-02-07 | House | First Reading Ways and Means |
Subjects
Assessments
Baltimore City
Counties
Enterprise Zones
Laws and Ordinances
Municipal Corporations
Property Tax
Tax Credits
Taxes - Property
Baltimore City
Counties
Enterprise Zones
Laws and Ordinances
Municipal Corporations
Property Tax
Tax Credits
Taxes - Property
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 9 | 265 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1301?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb1301f.pdf |
