Maryland Senate Bill 1070 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 28 2020 - 25% progression, died in committee
Action: 2020-02-28 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]

Allowing a credit against the State income tax for certain rehabilitation expenses for certain catalytic projects; requiring the Secretary of Housing and Community Development to issue tax credit certificates in an amount equal to 20% of certain rehabilitation expenses, subject to certain limitations; prohibiting the Secretary from issuing tax credit certificates for credit amounts in the aggregate totaling more than $10,000,000; providing for the allocation of the credit among certain associates of a business entity; etc.

Economic and Community Development - Tax Credit for Catalytic Projects

Sen. Katie Hester [D]

Date	Chamber	Action
2020-02-28	Senate	First Reading Senate Rules

Chapter	Article	Section	Citation Type	Statute Text
Housing and Community Development	1	101	(n/a)	See Bill Text
Housing and Community Development	6	801	(n/a)	See Bill Text
Housing and Community Development	6	802	(n/a)	See Bill Text
Housing and Community Development	6	803	(n/a)	See Bill Text
Housing and Community Development	6	804	(n/a)	See Bill Text
Housing and Community Development	6	805	(n/a)	See Bill Text
Tax - General	10	751	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB1070?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb1070f.pdf