MD HB978 | 2018 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 4)
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-20 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-20 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing certain businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation, in consultation with the Comptroller, to determine the amount of the income tax credit; requiring the Department to certify a business entity as a qualified business if the business entity can establish loss of business income at a property in the area impacted by the construction; etc.
Title
State Income and Property Tax Credits - Purple Line Construction Zone
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-20 | House | Hearing 2/20 at 1:00 p.m. |
| 2018-02-05 | House | First Reading Ways and Means |
Subjects
Commerce and Business
Comptroller
Construction
Income Tax
Mass Transit
Montgomery County
Prince George's County
Property Tax
Railroads
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Property
Transportation, Department of
Comptroller
Construction
Income Tax
Mass Transit
Montgomery County
Prince George's County
Property Tax
Railroads
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Property
Transportation, Department of
