| Old | New | Differences | |
|---|---|---|---|
| 1 | - | WES MOORE, Governor Ch. 975 | |
| 2 | 1 | ||
| 3 | - | – 1 – | |
| 4 | - | Chapter 975 | |
| 5 | - | (House Bill 636) | |
| 6 | 2 | ||
| 7 | - | AN ACT concerning | |
| 3 | + | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. | |
| 4 | + | [Brackets] indicate matter deleted from existing law. | |
| 5 | + | Underlining indicates amendments to bill. | |
| 6 | + | Strike out indicates matter stricken from the bill by amendment or deleted from the law by | |
| 7 | + | amendment. | |
| 8 | + | *hb0636* | |
| 8 | 9 | ||
| 9 | - | Allegany County – Property Tax Credit – Evergreen Heritage Center | |
| 10 | + | HOUSE BILL 636 | |
| 11 | + | Q2 4lr2793 | |
| 12 | + | CF SB 502 | |
| 13 | + | By: Allegany County Delegation | |
| 14 | + | Introduced and read first time: January 25, 2024 | |
| 15 | + | Assigned to: Ways and Means | |
| 16 | + | Committee Report: Favorable | |
| 17 | + | House action: Adopted | |
| 18 | + | Read second time: March 5, 2024 | |
| 10 | 19 | ||
| 11 | - | FOR the purpose of authorizing the governing body of Allegany County or a municipal | |
| 12 | - | corporation in Allegany County to grant, by law, a property tax credit against the | |
| 13 | - | county or municipal corporation property tax imposed on property that is owned by | |
| 14 | - | a certain entity; and generally relating to a property tax credit in Allegany County. | |
| 20 | + | CHAPTER ______ | |
| 15 | 21 | ||
| 16 | - | BY repealing and reenacting, with amendments, | |
| 17 | - | Article – Tax – Property | |
| 18 | - | Section 9–302(b)(16) and (17) | |
| 19 | - | Annotated Code of Maryland | |
| 20 | - | (2019 Replacement Volume and 2023 Supplement) | |
| 22 | + | AN ACT concerning 1 | |
| 21 | 23 | ||
| 22 | - | BY adding to | |
| 23 | - | Article – Tax – Property | |
| 24 | - | Section 9–302(b)(18) | |
| 25 | - | Annotated Code of Maryland | |
| 26 | - | (2019 Replacement Volume and 2023 Supplement) | |
| 24 | + | Allegany County – Property Tax Credit – Evergreen Heritage Center 2 | |
| 27 | 25 | ||
| 28 | - | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, | |
| 29 | - | That the Laws of Maryland read as follows: | |
| 26 | + | FOR the purpose of authorizing the governing body of Allegany County or a municipal 3 | |
| 27 | + | corporation in Allegany County to grant, by law, a property tax credit against the 4 | |
| 28 | + | county or municipal corporation property tax imposed on property that is owned by 5 | |
| 29 | + | a certain entity; and generally relating to a property tax credit in Allegany County. 6 | |
| 30 | 30 | ||
| 31 | - | Article – Tax – Property | |
| 31 | + | BY repealing and reenacting, with amendments, 7 | |
| 32 | + | Article – Tax – Property 8 | |
| 33 | + | Section 9–302(b)(16) and (17) 9 | |
| 34 | + | Annotated Code of Maryland 10 | |
| 35 | + | (2019 Replacement Volume and 2023 Supplement) 11 | |
| 32 | 36 | ||
| 33 | - | 9–302. | |
| 37 | + | BY adding to 12 | |
| 38 | + | Article – Tax – Property 13 | |
| 39 | + | Section 9–302(b)(18) 14 | |
| 40 | + | Annotated Code of Maryland 15 | |
| 41 | + | (2019 Replacement Volume and 2023 Supplement) 16 | |
| 34 | 42 | ||
| 35 | - | (b) The governing body of Allegany County or of a municipal corporation in | |
| 36 | - | Allegany County may grant, by law, a property tax credit under this section against the | |
| 37 | - | county or municipal corporation property tax imposed on: | |
| 43 | + | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 17 | |
| 44 | + | That the Laws of Maryland read as follows: 18 | |
| 38 | 45 | ||
| 39 | - | ||
| 46 | + | Article – Tax – Property 19 | |
| 40 | 47 | ||
| 41 | - | ||
| 48 | + | 9–302. 20 2 HOUSE BILL 636 | |
| 42 | 49 | ||
| 43 | - | 1. The Lions Center, LLC; | |
| 44 | 50 | ||
| 45 | - | 2. The Lions Center I, LLC; or | |
| 46 | 51 | ||
| 47 | - | 3. The Lions Center II, LLC; and | |
| 52 | + | (b) The governing body of Allegany County or of a municipal corporation in 1 | |
| 53 | + | Allegany County may grant, by law, a property tax credit under this section against the 2 | |
| 54 | + | county or municipal corporation property tax imposed on: 3 | |
| 48 | 55 | ||
| 49 | - | ( | |
| 56 | + | (16) property that is: 4 | |
| 50 | 57 | ||
| 51 | - | – 2 – | |
| 52 | - | Care; [and] | |
| 58 | + | (i) owned by: 5 | |
| 53 | 59 | ||
| 54 | - | (17) property that is owned by the Cumberland Economic Development | |
| 55 | - | Corporation; AND | |
| 60 | + | 1. The Lions Center, LLC; 6 | |
| 56 | 61 | ||
| 57 | - | (18) PROPERTY THAT IS OWN ED BY EVERGREEN HERITAGE CENTER | |
| 58 | - | FOUNDATION, INC., OR EVERGREEN HERITAGE CENTER HOLDINGS, LLC. | |
| 62 | + | 2. The Lions Center I, LLC; or 7 | |
| 59 | 63 | ||
| 60 | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June | |
| 61 | - | 1, 2024, and shall be applicable to all taxable years beginning after June 30, 2024. | |
| 64 | + | 3. The Lions Center II, LLC; and 8 | |
| 62 | 65 | ||
| 63 | - | Approved by the Governor, May 16, 2024. | |
| 66 | + | (ii) known as The Lions Center for Rehabilitation and Extended 9 | |
| 67 | + | Care; [and] 10 | |
| 68 | + | ||
| 69 | + | (17) property that is owned by the Cumberland Economic Development 11 | |
| 70 | + | Corporation; AND 12 | |
| 71 | + | ||
| 72 | + | (18) PROPERTY THAT IS OWN ED BY EVERGREEN HERITAGE CENTER 13 | |
| 73 | + | FOUNDATION, INC., OR EVERGREEN HERITAGE CENTER HOLDINGS, LLC. 14 | |
| 74 | + | ||
| 75 | + | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect June 15 | |
| 76 | + | 1, 2024, and shall be applicable to all taxable years beginning after June 30, 2024. 16 | |
| 77 | + | ||
| 78 | + | ||
| 79 | + | ||
| 80 | + | Approved: | |
| 81 | + | ________________________________________________________________________________ | |
| 82 | + | Governor. | |
| 83 | + | ________________________________________________________________________________ | |
| 84 | + | Speaker of the House of Delegates. | |
| 85 | + | ________________________________________________________________________________ | |
| 86 | + | President of the Senate. |