MD SB455 | 2016 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Engrossed on April 4 2016 - 50% progression, died in committee
Action: 2016-04-05 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Requiring the Department of Assessments and Taxation to certify annually the amount of assessable base for real property located in a specified development district; applying the Act to the calculation of payment of State aid to counties and Baltimore City for fiscal years beginning after June 30, 2017; declaring the intent of the General Assembly that specified recommendations regarding education funding shall consider the impact of economic development incentives in low wealth jurisdictions on State education aid; etc.

Tracking Information

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Title

State Education Aid - Real Property Valuation - Tax Increment Financing

Sponsors


Roll Calls

2016-03-29 - Senate - Senate Floor - Third Reading Passed (44-0) (Y: 44 N: 0 NV: 1 Abs: 2) [PASS]

History

DateChamberAction
2016-04-05HouseFirst Reading House Rules and Executive Nominations
2016-04-04SenateThird Reading Passed (44-0)
2016-04-01SenateSecond Reading Passed with Amendments
2016-04-01SenateFavorable with Amendments {899436/1 Report Adopted
2016-04-01SenateFavorable with Amendments Report by Budget and Taxation
2016-02-24SenateHearing 2/24 at 1:00 p.m.
2016-02-02SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


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