SB488: Manufacturing Business Personal Property Tax - Optional Exemption
Legislative Summary
Authorizing the Mayor and City Council of Baltimore City or the governing body of a county or municipal corporation to exempt all personal property, including manufacturing inventory, in the possession of a person engaged in a manufacturing business that employs 50 or fewer employees from the personal property tax; and applying the Act to all taxable years beginning after June 30, 2025.
Demographic Impact
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Bill History
Amendments
Favorable with Amendments 173321/1 Adopted
Favorable with Amendments 173321/1 Adopted
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
