Property Tax - Taxation of Business Property - Tax Rates, Exemptions, and Credits
What this bill does
Prohibiting the county tax rate and municipal tax rate applicable to business personal property from exceeding $2 for each $100 of assessment; exempting business personal property from the property tax imposed by a county or municipal corporation, subject to certain exceptions; authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to grant, by law, a certain property tax credit against the county or municipal corporation property tax imposed on business property; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (10)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Franco, Steven | DMEA INC | Oral + Written (PDF) |
| FAV | Brooks, Miles | Planet Fitness Growth Partners | Oral |
| FAV | Chang, Brian | Planet Fitness Growth Partners | Oral |
| FAV | WALKER, JOHN | SEAT PLEASANT CONCERNED CITIZEN COMMITTEE | Oral + Written (PDF) |
| FAV | Senator Benson, Senator Bensonlegislator | Individual | Oral |
| UNF | Fox, Jamal | City of Takoma Park | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Oral + Written (PDF) |
| UNF | Fiore, Justin | Maryland Municipal League | Written (PDF) |
| FWA | Benson, Senator Joanne C. | Individual | Written (PDF) |
| INFO | Higgs, Director Michael | SDAT | Written (PDF) |