MD HB1227 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-02-27 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-02-27 - Hearing 2/27 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing from 50% to 80% the percent of the cost of providing certain employee commuter benefits that a business may claim as a credit against the income tax and insurance premium tax; providing that the commuter benefits tax credit may be claimed for costs incurred in connection with travel between an employee's residence and place of employment; providing that a vehicle used to transport employees must incur certain mileage in connection with transporting individuals between their residences and places of employment; etc.
Title
Tax Credit - Commuter Benefits - Alterations
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-02-27 | House | Hearing 2/27 at 1:00 p.m. |
2018-02-08 | House | First Reading Ways and Means |
Subjects
Claims
Commuters
Income Tax
Insurance
Prices
Tax Credits
Taxes - Income
Taxes - Miscellaneous
Transportation
Work, Labor and Employment
Commuters
Income Tax
Insurance
Prices
Tax Credits
Taxes - Income
Taxes - Miscellaneous
Transportation
Work, Labor and Employment