MD HB276 | 2016 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on May 10 2016 - 100% progression
Action: 2016-05-10 - Approved by the Governor - Chapter 352
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Bipartisan Bill
Status: Passed on May 10 2016 - 100% progression
Action: 2016-05-10 - Approved by the Governor - Chapter 352
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering specified provisions of law concerning a credit against the State income tax for preservation and conservation easements to allow an individual or a member of a pass-through entity to claim the credit for an easement conveyed to the Department of Natural Resources or specified organizations; requiring the Board of Public Works to approve tax credits on a first-come, first-served basis; providing that the total amount of tax credits claimed by members of pass-through entities cannot exceed $200,000 per taxable year; etc.
Title
Income Tax Credit - Preservation and Conservation Easements
Sponsors
| Del. Dana Stein [D] | Del. Susan Aumann [R] | Del. Stephen Lafferty [D] | Sen. Johnny Mautz [R] |
| Sen. Chris West [R] |
Roll Calls
2016-04-01 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2016-03-18 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2016-03-18 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-05-10 | House | Approved by the Governor - Chapter 352 |
| 2016-04-07 | House | Returned Passed |
| 2016-04-07 | Senate | Third Reading Passed (46-0) |
| 2016-04-06 | Senate | Second Reading Passed |
| 2016-04-06 | Senate | Favorable Report Adopted |
| 2016-04-06 | Senate | Favorable Report by Budget and Taxation |
| 2016-03-29 | Senate | Hearing 3/29 at 1:00 p.m. |
| 2016-03-21 | Senate | First Reading Budget and Taxation |
| 2016-03-21 | House | Third Reading Passed (137-0) |
| 2016-03-19 | House | Second Reading Passed with Amendments |
| 2016-03-19 | House | Favorable with Amendments {515260/1 Report Adopted |
| 2016-03-19 | House | Favorable with Amendments Report by Ways and Means |
| 2016-02-16 | House | Hearing 2/16 at 1:00 p.m. |
| 2016-01-25 | House | First Reading Ways and Means |
Subjects
Agriculture
Business Trusts
Comptroller
Conservation
Corporations
Easements
Environmental Trust
Historical Matters
Income Tax
Limited Liability Companies
Natural Resources
Natural Resources, Department of
Partnerships
Public Works, Board of
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Business Trusts
Comptroller
Conservation
Corporations
Easements
Environmental Trust
Historical Matters
Income Tax
Limited Liability Companies
Natural Resources
Natural Resources, Department of
Partnerships
Public Works, Board of
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
