- Property Tax Credit - Retail Service Stations - Alternate Power Sources
- Sponsored by
- Delegates Murphy, Arora, Kaiser, George, Ivey, A. Miller, Serafini, Walker, A. Washington, Cardin, Afzali, Barve, Luedtke, Dwyer, Myers, Stukes, Frick, Howard, Hixson, F. Turner, Harper, and McDermott
- In the Senate - Hearing 4/04 at 1:00 p.m.
- Fiscal and Policy Note (Revised)
Authorizing the governing body of a county or municipal corporation to grant a property tax credit for alternate power sources at retail service stations; establishing when the tax credit may be granted; establishing that the tax credit shall be equal to no more than the lesser of 100% of the value of the alternate power source or $20,000; defining "alternate power source" and "retail service station"; and applying the Act to taxable years beginning after June 30, 2014.
Bill File Type: Regular
Effective Date(s): October 1, 2013
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
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Last Updated: 2/3/2020 2:27 PM