Property Tax Credit - Opportunity Zone Property Improvements
Sponsor: Melissa Wells (District 40)Committee: Ways and MeansSubject: Taxes - PropertyStatus: Hearing 3/03 at 1:00 p.m. (as of Nov 6, 2020)
What this bill does
Official synopsis
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a property tax credit on a certain assessment of certain qualified opportunity zone property if the taxpayer has invested at least $100,000, including acquisition costs and improvements, in the property; providing for the calculation of the credit; etc.
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Testimony (4)
MGA witness listFAV 4Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Tabuteau, Richardlobbyist | MD Tech Council | Position only |
| FAV | Graf, Lorilobbyist | Maryland Building Industry Association | Written (PDF) |
| FAV | Delegate Wells, Delegate Wellslegislator | Individual | Oral + Written (PDF) |
| FAV | July, Venroy | Individual | Oral + Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVTabuteau, RichardMD Tech CouncilRegistered for: Bolt Technology OÜ dba Hopp; Boyd Gaming Corporation; ChargePoint; Chevy Chase Village; Elev8 Baltimore, Inc.; Fortinet…
FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association