Property Tax Exemption - Rental Income - Reporting Requirement
Sponsor: Lily Qi (District 15)Committee: Ways and MeansSubject: Taxes - PropertyStatus: Hearing 2/06 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Requiring the owner of real property that is exempt from real property tax under certain provisions of law to report any rental income that is attributable to the property to the State Department of Assessments and Taxation under certain circumstances.
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Testimony (4)
MGA witness listFAV 4Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Higgs, Director Michael | Dept. of Assessments & Taxation | Oral + Written (PDF) |
| FAV | Kinnally, Kevin | Maryland Association of Counties (MACo) | Oral + Written (PDF) |
| FAV | Delegate Qi, Delegate Qilegislator | Individual | Oral |
| FAV | Qi, Lily | Individual | Written (PDF) |