Legislation Details

Reference No. CB-073-2022    Draft No. 1
Type: Council Bill Status: Failed
Meeting Body County Council
Meeting Date 10/24/2022
Introduced Date 9/27/2022 Public Hearing Date 10/24/2022 @ 10:00 AM
Effective date:    
Title: AN ACT CONCERNING AMENDING THE CRITERIA FOR THE ESTABLISHMENT OF A REVITALIZATION TAX CREDIT DISTRICT For the purpose of expanding the criteria for the establishment of a revitalization tax credit district to include those areas that are not included in the enumerated census tracts and satisfies the requirements of an economic development project as defined by Section 7-516(a)(3) of the Tax-Property Article of the Annotated Code of Maryland.
Proposers/Sponsors: Todd M. Turner, Rodney C. Streeter, Mel Franklin, Sydney J. Harrison, Calvin S. Hawkins, Johnathan M. Medlock, Deni L. Taveras
Code sections: 10-235.03 -
Attachments: 1. B2022073, 2. CB-073-2022 AIS, 3. CB-073-2022 AIS, 4. CB-073-2022 Report, 5. CB-073-2022 PAFI, 6. Agenda Item Summary (Duplicate)
Contact: Leroy D. Maddox Jr., Legislative Officer

Title

AN ACT CONCERNING AMENDING THE CRITERIA FOR THE ESTABLISHMENT OF A REVITALIZATION TAX CREDIT DISTRICT For the purpose of expanding the criteria for the establishment of a revitalization tax credit district to include those areas that are not included in the enumerated census tracts and satisfies the requirements of an economic development project as defined by Section 7-516(a)(3) of the Tax-Property Article of the Annotated Code of Maryland.

 

Background:

For the purpose of expanding the criteria for the establishment of a revitalization tax credit district to include those areas that are not included in the enumerated census tracts and satisfies the requirements of an economic development project as defined by Section 7-516(a)(3) of the Tax-Property Article of the Annotated Code of Maryland.