Prince George's County Council - Reference No. CB-087-2022

• Reference No.: CB-087-2022
• Draft No.: 3
• Type: Council Bill
• Status: Enacted
• 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: 12/27/2022
• Title: AN ACT CONCERNING RIGHT OF FIRST REFUSAL PILOT PRE-AUTHORIZATION for the purpose of creating a Payment In Lieu of Taxes (“PILOT”) pre-authorization process for properties purchased under the Right of First Refusal (“ROFR”) program. The County enacted the ROFR program in 2013 to further the County’s goal of preserving affordable rental housing for low and moderate-income households in targeted area of the County. PILOT assistance that reduces real estate tax obligations will enhance the ability of the County to support the preservation of affordable rental housing through the ROFR program by enabling property owners to commit to long-term rent and income restrictions.
• Proposers/Sponsors: County Executive, Calvin S. Hawkins, Sydney J. Harrison, Todd M. Turner, Rodney C. Streeter, Dannielle M. Glaros, Johnathan M. Medlock, Mel Franklin
• Code sections: 13-1111 - , 13-1121 -
• Contact: Amanda Denison, Office of Law

Date	Ver.	Action By	Action	Result
11/9/2022	3	County Executive	signed
10/24/2022	3	County Council	public hearing held
10/24/2022	3	County Council	enacted	Pass
9/27/2022	1	County Council	amended (1)	Pass
9/27/2022	1	County Council	introduced
9/21/2022	1	Planning, Housing and Economic Development Committee	Favorably recommended with amendments	Pass
9/6/2022	1	County Council	presented and referred

Title

AN ACT CONCERNING RIGHT OF FIRST REFUSAL PILOT PRE-AUTHORIZATION for the purpose of creating a Payment In Lieu of Taxes (“PILOT”) pre-authorization process for properties purchased under the Right of First Refusal (“ROFR”) program.  The County enacted the ROFR program in 2013 to further the County’s goal of preserving affordable rental housing for low and moderate-income households in targeted area of the County. PILOT assistance that reduces real estate tax obligations will enhance the ability of the County to support the preservation of affordable rental housing through the ROFR program by enabling property owners to commit to long-term rent and income restrictions.

Background

For the purpose of creating a Payment In Lieu of Taxes (“PILOT”) pre-authorization process for properties purchased under the Right of First Refusal (“ROFR”) program.  The County enacted the ROFR program in 2013 to further the County’s goal of preserving affordable rental housing for low and moderate-income households in targeted area of the County. PILOT assistance that reduces real estate tax obligations will enhance the ability of the County to support the preservation of affordable rental housing through the ROFR program by enabling property owners to commit to long-term rent and income restrictions.