MD HB371 | 2016 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 18-4)
Status: Introduced on January 28 2016 - 25% progression, died in committee
Action: 2016-02-16 - Hearing 2/16 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 28 2016 - 25% progression, died in committee
Action: 2016-02-16 - Hearing 2/16 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual or a corporation a credit against the State income tax equal to 50% of the renovation or construction costs incurred during the taxable year to provide specified accessibility and visibility features to or within a home; providing that the credit may not exceed $5,000; requiring applicants to file a specified application before a specified date and to file an amended return; applying the Act to all taxable years beginning after December 31, 2016; etc.
Title
Independent Living Tax Credit Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-02-16 | House | Hearing 2/16 at 1:00 p.m. |
2016-01-28 | House | First Reading Ways and Means |
Subjects
Construction
Disabilities
Home Improvement
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Rules and Regulations
Tax Credits
Taxes - Income
Disabilities
Home Improvement
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Rules and Regulations
Tax Credits
Taxes - Income