Legislation
- Title
- Historic Revitalization Tax Credit – Expansion – Rehabilitations of Common Elements of Condominiums and Cooperative Projects
- Sponsored by
- Delegates McIntosh, Anderson, and Boyce
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 314
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the definition of "small commercial project" under the historic revitalization tax credit program to include rehabilitations of structures that are condominiums and cooperative projects if the rehabilitations target only common elements of the condominiums or cooperative projects; requiring the Director of the Maryland Historical Trust, in consultation with the Smart Growth Subcabinet, to adopt regulations establishing application procedures for governing bodies of condominiums; etc.
Committees
- Original:
- Ways and Means
- Opposite:
- Budget and Taxation
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
(
5A-303 )
Last Updated: 9/22/2020 2:04 PM