MD HB1105 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 6 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 6 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual to claim a credit against the State income tax for certain qualified expenses paid or incurred by the individual in a taxable year for certain composting equipment or certain compost pickup services; providing that the tax credit may be claimed only once per residence in any taxable year and may not exceed the lesser of the cost of the qualified expenses or $200; providing that any unused credit may not be carried forward; applying the Act to taxable years beginning after December 31, 2019; etc.
Title
Income Tax - Credit for Residential Composting and Pickup Services
Sponsors
Del. Emily Shetty [D] | Del. Lorig Charkoudian [D] | Del. Wanika Fisher [D] | Del. Robbyn Lewis [D] |
Del. Nick Mosby [D] | Del. Stephanie Smith [D] |
History
Date | Chamber | Action |
---|---|---|
2020-02-10 | House | Hearing 3/05 at 1:00 p.m. |
2020-02-06 | House | First Reading Ways and Means |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 751 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1105?ys=2020RS |
Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb1105f.pdf |