MD HB490 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 13-0)
Status: Engrossed on April 10 2017 - 50% progression, died in committee
Action: 2017-04-10 - Rereferred to Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on April 10 2017 - 50% progression, died in committee
Action: 2017-04-10 - Rereferred to Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing a credit against the State income tax for the total installed costs paid or incurred by a taxpayer that installs an energy storage system and who obtains a tax credit certificate from the Maryland Energy Administration; requiring the Administration to issue tax credits not to exceed specified amounts; prohibiting the Administration from issuing an aggregate amount of tax credit certificates exceeding $750,000 in a taxable year; applying the Act to all taxable years beginning after December 31, 2017; etc.
Title
Income Tax Credit - Energy Storage Systems
Sponsors
Roll Calls
2017-04-02 - House - House Floor - Third Reading Passed (137-3) (Y: 137 N: 3 NV: 1 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2017-04-10 | Senate | Rereferred to Budget and Taxation |
2017-04-10 | Senate | First Reading Senate Rules |
2017-04-10 | House | Third Reading Passed (137-3) |
2017-04-08 | House | Second Reading Passed with Amendments |
2017-04-08 | House | Favorable with Amendments {825669/1 Report Adopted |
2017-04-08 | House | Favorable with Amendments Report by Ways and Means |
2017-02-23 | House | Hearing 2/23 at 1:00 p.m. |
2017-01-27 | House | First Reading Ways and Means |
Subjects
Administrative Agencies
Energy Matters
Income Tax
Prices
Reports
Rules and Regulations
Storage
Tax Credits
Taxes - Income
Energy Matters
Income Tax
Prices
Reports
Rules and Regulations
Storage
Tax Credits
Taxes - Income