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HB 507

Enacted
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Allegany and Garrett Counties - Property Tax - Credit for Construction of Housing

Sponsor: Jason C. Buckel (District 1B)Committee: Ways and MeansSubject: Taxes - Property - LocalStatus: Approved by the Governor - Chapter 974 (as of Nov 13, 2024)

What this bill does

Official synopsis

Authorizing the governing bodies of Allegany County and Garrett County and municipal corporations located in Allegany County and Garrett County to grant, by law, a property tax credit on certain newly constructed dwellings; prohibiting the tax credit from exceeding $10,000; and applying the Act to all taxable years beginning after June 30, 2024.

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Testimony (8)

MGA witness list
FAV 8Favorable
PositionWitnessOrganizationTestimony
FAVBeeman, Jr., T. LeeAllegany County GovernmentOral + Written (PDF)
FAVVirts, JamesGarrett County Board of RealtorsWritten (PDF)
FAVGraf, LorilobbyistMaryland Building Industry AssociationWritten (PDF)
FAVMcGee, ChristalobbyistMaryland RealtorsOral
FAVHardy, MarinalobbyistTaft Hardy & AssociatesWritten (PDF)
FAVDelegate Buckel, Delegate BuckellegislatorIndividualOral
FAVDelegate Buckel, Delegate BuckellegislatorIndividualOral
FAVO'Halloran, MikeIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
FAVMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors
FAVHardy, MarinaTaft Hardy & AssociatesRegistered for: Anne Arundel County Professional Fire Fighters, Local 1563; Cumberland Economic Development Corporation; ANSET