MD HB1152 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-15 - Hearing 3/9 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Providing that a rehabilitation with at least 30 residential rental units is ineligible for the Maryland Sustainable Communities Tax Credit unless the individual or business entity seeking the certification agrees to set aside at least 10% of the residential rental units as housing for households whose median income does not exceed 60% of the area median income; applying the Act to initial credit certificates issued on or after July 1, 2012; etc.

Tracking Information

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Title

Sustainable Communities Tax Credit - Residential Units for Lower-Income

Sponsors


History

DateChamberAction
2012-02-15 Hearing 3/9 at 1:00 p.m.
2012-02-10 First Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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