MD SB274 | 2022 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on May 12 2022 - 100% progression
Action: 2022-05-12 - Approved by the Governor - Chapter 328
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Bipartisan Bill
Status: Passed on May 12 2022 - 100% progression
Action: 2022-05-12 - Approved by the Governor - Chapter 328
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering eligibility for exemptions from the personal property tax for personal property of a home business or personal property with a total original cost of less than $20,000; and prohibiting the State Department of Assessments and Taxation from collecting certain information or requiring the submission of a personal property tax return from certain businesses that qualify for certain personal property tax exemptions.
Title
Property Tax - Exemptions for Business Personal Property - Alterations
Sponsors
| Sen. Antonio Hayes [D] | Sen. Sarah Elfreth [D] | Sen. Stephen Hershey [R] | Sen. Katie Hester [D] |
| Sen. Justin Ready [R] |
Roll Calls
2022-04-11 - House - Third Reading Passed (Y: 128 N: 0 NV: 7 Abs: 6) [PASS]
2022-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2022-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-05-12 | Senate | Approved by the Governor - Chapter 328 |
| 2022-04-11 | Senate | Returned Passed |
| 2022-04-11 | House | Third Reading Passed (128-0) |
| 2022-04-09 | House | Favorable Adopted Second Reading Passed |
| 2022-04-08 | House | Favorable Report by Ways and Means |
| 2022-04-07 | House | Rereferred to Ways and Means |
| 2022-03-23 | House | Referred Rules and Executive Nominations |
| 2022-03-22 | Senate | Third Reading Passed (46-0) |
| 2022-03-21 | Senate | Second Reading Passed with Amendments |
| 2022-03-21 | Senate | Favorable with Amendments {493825/1 Adopted |
| 2022-03-21 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2022-01-24 | Senate | Hearing 2/02 at 1:00 p.m. |
| 2022-01-18 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB268 (Crossfiled) 2022-05-12 - Approved by the Governor - Chapter 327
Subjects
Assessments and Taxation, Department of
Commerce and Business
Commercial Property
Exemptions
Local Government Mandates
Personal Property
Prices
Property Tax
Tax Returns
Taxes - Property
Commerce and Business
Commercial Property
Exemptions
Local Government Mandates
Personal Property
Prices
Property Tax
Tax Returns
Taxes - Property
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - Property | 7 | 227 | (n/a) | See Bill Text |
| Tax - Property | 7 | 245 | (n/a) | See Bill Text |
