MD HB1268 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 20 2023 - 25% progression, died in committee
Action: 2023-02-20 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 20 2023 - 25% progression, died in committee
Action: 2023-02-20 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a credit against the State income tax for the purchase price of certain electric autocycles, bicycles, or motorcycles purchased for personal use during the taxable year; providing the credit may not exceed the lesser of $500 for each qualified vehicle or the State income tax for that taxable year; and applying the Act to all taxable years beginning after December 31, 2022.
Title
Income Tax - Credit for Electric Autocycles, Bicycles, and Motorcycles
Sponsors
| Del. Seth Howard [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-20 | House | First Reading House Rules and Executive Nominations |
Subjects
Bicycles
Electric Motor Vehicles
Income Tax
Motorcycles, Mopeds, and Motor Scooters
Tax Credits
Taxes - Income
Transportation - Generally
Electric Motor Vehicles
Income Tax
Motorcycles, Mopeds, and Motor Scooters
Tax Credits
Taxes - Income
Transportation - Generally
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 757 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1268?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/hb/hb1268f.pdf |
