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2007 Regular Session bill information current as of October 3, 2007 - 11:19 p.m.
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HOUSE BILL 96

File Code: Real Property
Prior Year Introduction As: HB 1500/06 - ENV & W&M
Crossfiled with: SENATE BILL 641

Sponsored By:
Delegates Hixson, Hucker, and Mizeur

Entitled:
Condominiums - Conversion of Rental Facilities - Extended Leases - Property Tax Credit

Synopsis:

Increasing from 3 to 5 years the minimum period of an extended lease that a developer converting a rental facility to a condominium is required to offer specified households; authorizing a county or municipal corporation to grant, by law, a property tax credit against the county or municipal corporation property tax imposed on residential real property owned by a developer that converts a residential rental facility to a condominium and offers extended leases to tenants of the residential rental facility; etc.

History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

House Action
1/23
First Reading Environmental Matters & Ways and Means
1/31
Hearing 2/15 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20
Delegate Tom Hucker, District 20
Delegate Heather Mizeur, District 20

Bill indexed under the following Subjects:

Condominiums
Counties -see also- Chartered Counties; Code Counties
Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Municipal Corporations -see also- Annap; Balt; Hager; OC
Notices
Property Tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Real Property
( 11-102.1 , 11-137 , 11-140 )

Tax - Property
( 9-246 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered


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