Prince George's County - Personal Property Tax Exemption for Small Manufacturers PG 423-26
Approved by the Governor - Chapter 806
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Signed into Law
Summary
The bill removes the municipal personal‑property tax on all equipment, tools, inventory and other personal property owned by manufacturers that have 50 or fewer employees in Prince George’s County. The exemption starts for tax years beginning after June 30 2026. It is intended to lower costs for small manufacturers and support local production.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1243
3 free questions a day, no accountHearings
- Budget and Taxation — Bill HearingBudget and Taxation · Apr 1, 2026
- Senate Budget and Taxation CommitteeSenate Budget and Taxation Committee · Apr 1, 2026
- Ways and Means — Bill HearingWays and Means · Mar 3, 2026
History
- Approved by the Governor - Chapter 806
- Third Reading Passed
- Passed Enrolled
- House Concurs Senate Amendments
- Third Reading Passed
- Second Reading Passed with Amendments
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments {
- Hearing 4/01 at 1:15 p.m.
- Referred Budget and Taxation
- Third Reading Passed
- Second Reading Passed with Amendments
The 12 most recent of 16 recorded actions.
Sponsors
- Prince George's County Delegation · sponsor
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