MD HB89 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-11 - Hearing 2/01 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-11 - Hearing 2/01 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing, for taxable years beginning after December 31, 2023, but before January 1, 2029, a credit against the State income tax for certain qualified taxpayers if, for at least 6 months of the taxable year, the taxpayers were not listed as an insured on another individual's personal motor vehicle liability insurance policy and the taxpayers and entities controlled by the taxpayers or the taxpayers' dependents did not own or lease a motor vehicle required to be registered with a state; making the credit refundable; etc.
Title
Income Tax - Credit for Individuals Without Motor Vehicles (One Less Car Act of 2024)
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-01-11 | House | Hearing 2/01 at 1:00 p.m. |
2024-01-10 | House | First Reading Ways and Means |
2023-11-01 | House | Pre-filed |
Subjects
Comptroller
Environmental Matters
Forms
Income Tax
Leases and Rent
Motor Vehicle Administration
Motor Vehicles
Reports
Rules and Regulations
Sunset
Tax Credits
Tax Returns
Taxes - Income
Environmental Matters
Forms
Income Tax
Leases and Rent
Motor Vehicle Administration
Motor Vehicles
Reports
Rules and Regulations
Sunset
Tax Credits
Tax Returns
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 758 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0089?ys=2024RS |
Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0089f.pdf |