Legislation Details

Reference No. CB-052-2008    Draft No. 2
Type: Council Bill Status: Enacted
Meeting Body County Council
Meeting Date 11/18/2008
Introduced Date 10/21/2008 Public Hearing Date
Effective date: 1/12/2009    
Title: An Act concerning the Business Incubator Real Property Tax Credit for the purpose of establishing a tax credit for real property used for publicly supported business incubator programs.
Proposers/Sponsors: Tony Knotts, Ingrid M. Turner
Code sections: 10-235.07 -
Attachments: 1. ACTION SUMMARY S2008052, 2. B2008052.pdf
Contact: Todd M. Turner Legislative Officer
Title An Act concerning the Business Incubator Real Property Tax Credit for the purpose of establishing a tax credit for real property used for publicly supported business incubator programs. Background Chapter 573 of the Laws of Maryland (2007) authorized the governing body of a County to establish a real property tax credit for properties that house publicly supported business incubator programs under certain conditions.