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Bill > SB803


MD SB803

Talbot County - Hotel Rental Tax - Time of Penalty for Nonpayment


summary

Introduced
02/03/2025
In Committee
02/03/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Altering the amount of time that a hotel has to pay the hotel rental tax in Talbot County before incurring a penalty.

AI Summary

This bill modifies the hotel rental tax penalty provisions for Talbot County in Maryland, specifically removing Talbot County from the existing tax penalty framework. Currently, the law states that hotels in most counties must pay a 10% tax penalty if they fail to pay hotel rental taxes within one month of the due date, and another 10% penalty if they fail to pay within 120 days. By removing the reference to Talbot County in these provisions, the bill effectively eliminates these specific tax penalty rules for hotels in Talbot County. This means that Talbot County will now be subject to the standard county tax penalty rules, potentially changing the timeline and consequences for hotels that do not pay their rental taxes on time. The bill is set to take effect on July 1, 2025, giving local businesses and tax authorities time to prepare for the change in tax penalty regulations.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Talbot County Senators

Last Action

Senate Budget and Taxation Hearing (13:00:00 3/4/2025 ) (on 03/04/2025)

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