MD HB563 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 27 2020 - 25% progression
Action: 2020-01-29 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing an individual or a corporation to claim a credit against the State income tax for certain costs incurred for an approved lead hazard reduction project for qualifying property located in Baltimore City; providing for the calculation of the credit; providing for the submission of proposals for lead hazard reduction projects to the Department of Housing and Community Development for approval; limiting to $250,000 the total amount of credits that the Department may approve for any fiscal year; etc.

Tracking Information

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Title

Income Tax - Lead Remediation Credit

Sponsors


History

DateChamberAction
2020-01-29HouseHearing 2/12 at 1:00 p.m.
2020-01-29HouseHearing canceled
2020-01-28HouseHearing 2/13 at 1:00 p.m.
2020-01-27HouseFirst Reading Ways and Means

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10751(n/a)See Bill Text

Maryland State Sources


Bill Comments

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