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SB 321

Enacted
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Property Tax - Credit for Hotel or Residential Development Projects

Sponsor: Carl Jackson (District 8)Committee: Budget and TaxationSubject: Taxes - PropertyStatus: Approved by the Governor - Chapter 150 (as of Nov 13, 2024)

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 tax credit against the county or municipal corporation property tax imposed on real property that is used for certain hotel or residential development projects; and altering eligibility for a certain property tax credit in Wicomico County against the county or municipal corporation property tax imposed on real property that is used for certain hotel or residential development projects.

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Testimony (15)

MGA witness list
FAV 11FavorableFWA 4Favorable with amendments
PositionWitnessOrganizationTestimony
FAVCook, ChuckDepartment of Housing and Community DevelopmentOral + Written (PDF)
FAVAyd, ThomasGreen Street HousingOral
FAVKinnally, KevinMaryland Association of Counties (MACo)Written (PDF)
FAVKinnally, KevinMaryland Association of Counties (MACo)Oral + Written (PDF)
FAVGraf, LorilobbyistMaryland Building Industry AssociationWritten (PDF)
FAVRohrer, AmylobbyistMaryland Hotel Lodging AssociationPosition only
FAVMcGee, ChristalobbyistMaryland RealtorsWritten (PDF)
FAVSimpson, NickMentis Capital PartnersOral
FAVJackson, MichaelSenate of MarylandOral + Written (PDF)
FAVSenator Jackson, Senator JacksonlegislatorIndividualOral
FAVSenator Jackson, Senator JacksonlegislatorIndividualOral
FWACook, ChuckDepartment of Housing and Community DevelopmentWritten (PDF)
FWAZuniga, JessicaFoundation Development Group, LLCOral
FWAJackson, MichaelSenate of MarylandWritten (PDF)
FWAWillems, MirandaIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
FAVRohrer, AmyMaryland Hotel Lodging AssociationRegistered for: Maryland Hotel & Lodging Association
FAVMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors