MD HB561 | 2016 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 9-1)
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-03-02 - Hearing 3/02 at 2:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-03-02 - Hearing 3/02 at 2:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exempting from the personal property tax persons with specified personal property of $100,000 or less of total assessed value; requiring the State in specified taxable years to remit to each county and municipal corporation a specified amount of the tax the county or municipal corporation would have collected if the exemption under the Act had not been granted; requiring a person to apply annually to the State Department of Assessments and Taxation for the exemption under the Act; etc.
Title
Small Business Personal Property Tax Relief Act of 2016
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-03-02 | House | Hearing 3/02 at 2:30 p.m. |
2016-02-12 | House | Hearing cancelled |
2016-03-02 | House | Hearing 3/02 at 1:00 p.m. |
2016-02-03 | House | First Reading Ways and Means |
Subjects
Appropriations
Assessments
Assessments and Taxation, Department of
Auditors and Audits
Counties
Exemptions
Fees
Local Government Mandates
Municipal Corporations
Personal Property
Property Tax
Reports
Small Business
Taxes - Property
Assessments
Assessments and Taxation, Department of
Auditors and Audits
Counties
Exemptions
Fees
Local Government Mandates
Municipal Corporations
Personal Property
Property Tax
Reports
Small Business
Taxes - Property