Baltimore City Council
File #: 10-0469    Version: 0 Name: Property Tax - Discount for Early Payment
Type: Ordinance Status: Enacted
File created: 4/12/2010 In control: City Council
On agenda: Final action: 6/24/2010
Enactment #: 10-339
Title: Property Tax - Discount for Early Payment FOR the purpose of changing the time allotted for the early-payment property-tax discount and the rate of the discount; correcting, clarifying, and conforming related provisions; providing for a special effective date; and generally relating to the imposition and collection of a local tax on real estate, chattels real, and personal property.
Sponsors: City Council President (Administration)
Indexes: Discounts, Property Tax, Tax
Attachments: 1. 10-0469 - 1st Reader.pdf, 2. BDC - 10-0469.pdf, 3. Law - 10-0469.pdf, 4. Finance - 10-0469.pdf, 5. 10-0469 - 3rd Reader.pdf
EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL

Introduced by: The Council President
At the request of: The Administration (Finance Department)

A BILL ENTITLED

AN ORDINANCE concerning
title
Property Tax - Discount for Early Payment

FOR the purpose of changing the time allotted for the early-payment property-tax discount and the rate of the discount; correcting, clarifying, and conforming related provisions; providing for a special effective date; and generally relating to the imposition and collection of a local tax on real estate, chattels real, and personal property.
body
BY repealing and reordaining, with amendments
Article 28 - Taxes
Section(s) 6-1
Baltimore City Code
(Edition 2000)

SECTION 1. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the Laws of Baltimore City read as follows:

Baltimore City Code

Article 28. Taxes

Subtitle 6. Discounts, Interest, and Penalties

§ 61. Discounts authorized.

[The Director of Finance is hereby authorized and directed to allow on] ON all bills for taxes for municipal purposes for real estate, chattels real, and personal property levied and imposed for [the] A taxable year [beginning July 1, 1969, and for each taxable year thereafter], THE DIRECTOR OF FINANCE SHALL ALLOW a discount of [1%] 0.5% if paid on or before July 31[, and a discount of ½% if paid on or before August 31].

SECTION 2. AND BE IT FURTHER ORDAINED, That the catchlines contained in this O...

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