AGENDA ITEM #7
December 8, 2015
Orlin, Deputy Council Administrator
Amanda Mihill, Legislative Attorney
Public Hearing/Action: Expedited Bill 47-15, Taxation - Transportation Impact
Tax - Revisions
(and Council stafJ)
recommendation (3-0): Approve this bill with the
following amendment to Section 52-93(g):
(g) Any credit issued under this Section before December
2015 expires 6 years
after the Director certifies the credit. Any credit issued under this Section on
2016 expires 12 years after the Director certifies the credit.
The Committee's recommended version of the bill is on ©15-17.
Expedited Bill 47-15, Taxation Transportation hnpact Tax - Revisions, sponsored by
Lead Sponsor Council President at the request of the County Executive, was introduced on
November 17,2015. This bill would revise the life of a credit certified after a certain date; allow
a credit for reconstruction of an existing road; and generally amend County law regarding impact
Expedited Bi1147-15 is nearly the same as Bill 30-15 introduced on June 16,2015 at the
request of the Executive, except that Bill 30-15 would have eliminated the transportation and
school impact tax exemptions in former enterprise zones. A week later the Council withdrew Bill
30-15, again at the Executive's request. Expedited Bill 47-15 includes two elements of Bill 34
15, Taxes - Transportation and School Impact Tax Amendments, for which a public hearing was
held on July 21,2015. Bill 34-15 has not yet been scheduled for a Committee worksession.