Bill Positions

Bill Number: SB 88

Bill Title: Tax - Property - Exempt Manufacturing Personal Property Application Deadline

Bill Sponsor(s): Ch. B&T, Dept. Assess. & Tax.

Subject: Budget & Taxation

Committee: B&T

Bill Summary: This bill will allow a company to file an application for a personal property manufacturing exemption within 6 months following the receipt of an assessment notice. Current law requires an exemption to be filed by September 1st of a taxable year.

History: The Chamber supported similar legislation in 2008 (SB 981/HB 1609) which passed both houses but was not enacted. In 2009 SB 88 was enacted as Chapter 363.

Chamber Position: Support

Position Summary: Granting additional time for businesses to file an exemption application for manufacturing personal property will relieve a hardship that sometimes results from the current September 1st filing deadline. Occasionally, new manufacturers are unaware of the requirement to file an exemption application, and are at risk of not receiving their property exemption if their personal property assessment notice is received after September 1st.

Position Statement: Click here (pdf)

Chamber Staff: Ron Wineholt

General Assembly: Click here to view the bill on the Maryland General Assembly's website.