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]

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.

Tracking Information

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Title

Income Tax - Credit for Individuals Without Motor Vehicles (One Less Car Act of 2024)

Sponsors


History

DateChamberAction
2024-01-11HouseHearing 2/01 at 1:00 p.m.
2024-01-10HouseFirst Reading Ways and Means
2023-11-01HousePre-filed

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10758(n/a)See Bill Text

Maryland State Sources


Bill Comments

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