HB1232

Baltimore City - Economic Development Project in Downtown RISE District - Payment in Lieu of Taxes

Exempting an economic development project located in a certain area of downtown Baltimore City from Baltimore City property taxes if the owner of the economic development project and the Baltimore City Board of Estimates enter into a payment in lieu of taxes agreement and certain other requirements are met; and requiring by January 1 each year, the City of Baltimore to report to the City Council and the General Assembly an analysis of the economic development projects for which the City entered into a payment in lieu of taxes agreement.

Basic Information

Status
Override
Session
2026 Regular Session
Type
Unknown
Cross-filed
SB0756

Links

LegiScan URL
View on LegiScan

Upcoming Events

Hearing
March 03, 2026 at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee
Hearing
March 24, 2026 at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee

Sponsors

Edelson
Amprey
Stinnett
Baltimore City Administration
Boyce
Embry
Lewis