MD HB202 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 13 2022 - 25% progression
Action: 2022-01-13 - Hearing 1/26 at 1:00 p.m.
Pending: House Ways and Means Committee
Hearing: Jan 26 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]

Summary

Altering the definition of "substantial rehabilitation" for purposes of eligibility for the historic revitalization tax credit program by reducing the threshold amount from $5,000 to $2,500 for certain homeowners who receive the State homeowners' property tax credit during a certain period of time; and applying the Act to all taxable years beginning after December 31, 2021.

Tracking Information

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Title

Historic Revitalization Tax Credit – Substantial Rehabilitation – Threshold Amount

Sponsors


History

DateChamberAction
2022-01-13HouseHearing 1/26 at 1:00 p.m.
2022-01-13HouseFirst Reading Ways and Means

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Finance and Procurement5A303(n/a)See Bill Text

Maryland State Sources


Bill Comments

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