| Bill Information | |
|---|---|
| MC 919-09 | Montgomery County Employees - Property, Recordation, and Transfer Taxes |
| Sponsor | Delegate Kaiser on behalf of the Montgomery County Executive |
| Synopsis | For the purpose of authorizing the governing body of Montgomery County to grant, by law, a tax credit against the county property tax imposed on certain owner-occupied residential real property purchased by certain individuals after a certain date; authorizing Montgomery County to provide, by law, for the amount and duration of the credit and certain other provisions to carry out the credit; authorizing the governing body Montgomery County to grant, by law, a recordation tax exemption for transfers of residential real property to certain individuals; authorizing Montgomery County to provide, by law, for certain other provisions to carry out the exemption; authorizing the governing body of Montgomery County to provide, by law, and exemption from the Montgomery County transfer tax for the sale of certain property to certain individuals; defining certain terms; providing for a technical correction; and generally relating to property, recordation, and transfer taxes. |
| Bill Text | Read Bill in PDF Format |
| House Bill Number | |
| Bill History | |
| Local Action House: | 12/11/08 - Public Hearing - 7:00 p.m. 1st Floor Auditorium, Executive Office Bldg., 101 Monroe St. in Rockville |
| Withdrawn - no further action will be taken on this bill | |
| Local Action Senate: | |
| House Action: | |
| Senate Action: | |
| Action After Passage: | |
