MD HB965 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2023 - 25% progression, died in committee
Action: 2023-02-10 - Hearing 3/02 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2023 - 25% progression, died in committee
Action: 2023-02-10 - Hearing 3/02 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing, for taxable years 2023 through 2032, a credit against the State income tax for taxpayers of single family and multifamily residential rental properties who incur costs for certain mold remediation performed on the property and obtain a tax credit certificate from the Department of Housing and Community Development; and requiring the Comptroller and the Department jointly to report, on or before October 1, 2024, and each year thereafter, certain information on the certifications.
Title
Income Tax – Credit for Mold Remediation of Residential Rental Properties
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-10 | House | Hearing 3/02 at 1:00 p.m. |
| 2023-02-10 | House | First Reading Ways and Means |
Subjects
Comptroller
Hazardous and Toxic Substances
Housing and Community Development, Department of
Income Tax
Leases and Rent
Reports
Residential Property
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Hazardous and Toxic Substances
Housing and Community Development, Department of
Income Tax
Leases and Rent
Reports
Residential Property
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 757 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0965?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/hb/hb0965f.pdf |
