MD HB1021 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting a certain taxpayer from claiming the Heritage Structure Rehabilitation Tax Credit under the Maryland income tax if the taxpayer's federal adjusted gross income exceeds $500,000 for a taxpayer who does not file a joint income tax return or $1,000,000 for a married couple filing a joint income tax return; specifying certain income levels above which a certain phase-down of the tax credit is required; and applying the Act to tax credit certificates issued after July 1, 2018.
Title
Heritage Structure Rehabilitation Tax Credit - Single-Family, Owner-Occupied Residence - Income Limitation
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-28 | House | Hearing 2/28 at 1:00 p.m. |
| 2018-02-07 | House | First Reading Ways and Means |
Subjects
Claims
Economic and Community Development
Federal Government
Income Tax
Spouses
Tax Credits
Taxes - Income
Economic and Community Development
Federal Government
Income Tax
Spouses
Tax Credits
Taxes - Income
