MD HB588 | 2017 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 9)
Status: Introduced on January 30 2017 - 25% progression, died in committee
Action: 2017-02-23 - Hearing 2/23 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing specified retail service station dealers a credit against the State income tax for any expense incurred for the installation of equipment necessary to offer recharging or refueling services to electric or natural gas vehicles; providing that the credit may not exceed $20,000; making the credit refundable; requiring the Comptroller to adopt regulations to provide for the administration of the credit; applying the Act to taxable years beginning after December 31, 2016; etc.

Tracking Information

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Title

Income Tax Credit - Fueling Stations - Electric Vehicle Charging and Natural Gas Vehicle Refueling Equipment

Sponsors


History

DateChamberAction
2017-02-23HouseHearing 2/23 at 1:00 p.m.
2017-01-30HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


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