MD HB450 | 2014 | Regular Session
Status
Sponsorship: Moderate Partisan Bill (Democrat 6-1)
Status: Engrossed on April 2 2014 - 50% progression, died in chamber
Action: 2014-04-07 - Special Order until later today (Senator Robey) Adopted
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on April 2 2014 - 50% progression, died in chamber
Action: 2014-04-07 - Special Order until later today (Senator Robey) Adopted
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing a credit against the State income tax for 25% of the amount of a donation to a qualified permanent endowment fund at an eligible community foundation; requiring the Department of Housing and Community Development to report to the State Department of Assessments and Taxation and the Comptroller, on or before January 31 of each taxable year, the donations that the Department has approved for tax credit certificates during the prior year; applying the Act to all taxable years beginning after December 31, 2014; etc.
Title
Income Tax Credit - Endow Maryland
Sponsors
| Del. Sheila Hixson [D] | Del. Nina R. Harper [D] | Del. Aruna Miller [D] | Sen. Andrew Serafini [R] |
| Del. Melvin Stukes [D] | Del. Michael Summers [D] | Sen. Alonzo Washington [D] |
Roll Calls
2014-03-26 - House - House Floor - Third Reading Passed (118-14) (Y: 118 N: 14 NV: 1 Abs: 8) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-04-07 | Senate | Special Order until later today (Senator Robey) Adopted |
| 2014-04-07 | Senate | Second Reading Passed |
| 2014-04-07 | Senate | Favorable Report Adopted |
| 2014-04-07 | Senate | Special Order until later today (Senator Middleton) Adopted |
| 2014-04-07 | Senate | Favorable |
| 2014-04-07 | Senate | Favorable Report by Budget and Taxation |
| 2014-04-05 | Senate | Rereferred to Budget and Taxation |
| 2014-04-03 | Senate | First Reading Senate Rules |
| 2014-04-02 | House | Third Reading Passed (118-14) |
| 2014-04-01 | House | Second Reading Passed with Amendments |
| 2014-04-01 | House | Favorable with Amendments {305363/1 Report Adopted |
| 2014-03-31 | House | Favorable with Amendments Report by Ways and Means |
| 2014-03-05 | House | Hearing 3/05 at 1:00 p.m. |
| 2014-02-12 | House | Hearing cancelled |
| 2014-02-18 | House | Hearing 2/18 at 1:00 p.m. |
| 2014-02-05 | House | Hearing cancelled |
| 2014-02-14 | House | Hearing 2/14 at 1:00 p.m. |
| 2014-01-27 | House | First Reading Ways and Means |
Subjects
Community Development
Community Facilities and Services
Gifts
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Public Information
Records
Rules and Regulations
Tax Credits
Taxes - Income
Community Facilities and Services
Gifts
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Public Information
Records
Rules and Regulations
Tax Credits
Taxes - Income
