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HB 1010

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Prince George's County - Payment in Lieu of Taxes Agreements - Low-Income Housing PG 415-21

Sponsor: Prince George's County DelegationCommittee: Environment and TransportationSubject: Taxes - Property - LocalStatus: Approved by the Governor - Chapter 248 (as of Dec 1, 2021)

What this bill does

Official synopsis

Authorizing the governing body of Prince George's County to enter into an agreement with an owner of real property who is engaged in constructing or operating housing structures or projects for the payment of a negotiated amount in lieu of county property taxes on the property; requiring property that is subject to a payment in lieu of taxes agreement to be used for a housing structure or project that is acquired, constructed, or rehabilitated under certain programs or acquired under a Right of First Refusal program; etc.

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Testimony (4)

MGA witness list
FAV 4Favorable
PositionWitnessOrganizationTestimony
FAVRodgers, AngieDeputy Chief Administrative Officer - Economic Development at Prince George's CountyOral
FAVHarris, RheaOffice of the Prince George's County ExecutiveOral
FAVPrince George's County Delegation, Prince George's County DelegationIndividualOral
FAVPrince George's County Delegation, Prince George's County DelegationIndividualOral

Organizations on record