MD SB394 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 159
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 159
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the amount of a certain credit against the State income tax that certain persons may claim for certain construction and rehabilitation costs for certain catalytic revitalization projects in the State; repealing a certain limitation on the number of initial tax credit certificates the Secretary of Housing and Community Development may award within a 2-year period; prohibiting the Secretary from revoking a tax credit certificate awarded on or before July 1, 2024, except under certain circumstances; etc.
Title
Catalytic Revitalization Project Tax Credit - Alterations
Sponsors
Roll Calls
2024-04-08 - House - Third Reading Passed (Y: 131 N: 3 NV: 4 Abs: 3) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-25 | Senate | Approved by the Governor - Chapter 159 |
| 2024-04-08 | Senate | Returned Passed |
| 2024-04-08 | House | Third Reading Passed (131-3) |
| 2024-04-06 | House | Second Reading Passed |
| 2024-04-06 | House | Favorable Adopted |
| 2024-04-06 | House | Favorable Report by Ways and Means |
| 2024-03-28 | House | Hearing 3/28 at 12:00 p.m. |
| 2024-03-28 | House | Hearing canceled |
| 2024-03-15 | House | Hearing 3/28 at 1:00 p.m. |
| 2024-03-14 | House | Referred Ways and Means |
| 2024-03-14 | Senate | Third Reading Passed (46-0) |
| 2024-03-08 | Senate | Second Reading Passed with Amendments |
| 2024-03-08 | Senate | Favorable with Amendments {603724/1 Adopted |
| 2024-03-07 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2024-01-30 | Senate | Hearing 2/14 at 1:00 p.m. |
| 2024-01-26 | Senate | Rereferred to Budget and Taxation |
| 2024-01-18 | Senate | First Reading Education, Energy, and the Environment |
Subjects
Commerce and Business
Commerce, Department of
Construction
Housing and Community Development, Department of
Public Buildings and Facilities
Rules and Regulations
Tax Credits
Taxes - Income
Commerce, Department of
Construction
Housing and Community Development, Department of
Public Buildings and Facilities
Rules and Regulations
Tax Credits
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Housing and Community Development | 6 | 902 | (n/a) | See Bill Text |
| Housing and Community Development | 6 | 903 | (n/a) | See Bill Text |
| Housing and Community Development | 6 | 904 | (n/a) | See Bill Text |
