MD SB491 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2022 - 25% progression, died in chamber
Action: 2022-04-08 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 27 2022 - 25% progression, died in chamber
Action: 2022-04-08 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting the county tax rate and municipal tax rate applicable to business personal property from exceeding $2 for each $100 of assessment; exempting business personal property from the property tax imposed by a county or municipal corporation, subject to certain exceptions; authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a certain property tax credit against the county or municipal corporation property tax imposed on business property; etc.
Title
Property Tax - Taxation of Business Property - Tax Rates, Exemptions, and Credits
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-04-08 | Senate | Withdrawn by Sponsor |
2022-02-08 | Senate | Hearing 3/02 at 1:00 p.m. |
2022-02-08 | Senate | Hearing canceled |
2022-01-27 | Senate | Hearing 2/16 at 1:00 p.m. |
2022-01-27 | Senate | First Reading Budget and Taxation |
Subjects
Assessments and Taxation, Department of
Baltimore City
Commercial Property
Counties
Exemptions
Health
Laws and Ordinances
Local Government Mandates
Municipal Corporations
Personal Property
Property Tax
Reports
Sports and Recreation
Tax Credits
Taxes - Property
Baltimore City
Commercial Property
Counties
Exemptions
Health
Laws and Ordinances
Local Government Mandates
Municipal Corporations
Personal Property
Property Tax
Reports
Sports and Recreation
Tax Credits
Taxes - Property
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - Property | 6 | 302 | (n/a) | See Bill Text |
Tax - Property | 6 | 303 | (n/a) | See Bill Text |
Tax - Property | 7 | 402 | (n/a) | See Bill Text |
Tax - Property | 9 | 267 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0491?ys=2022RS |
Text | https://mgaleg.maryland.gov/2022RS/bills/sb/sb0491f.pdf |