MD SB641 | 2017 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Engrossed on March 21 2017 - 50% progression, died in committee
Action: 2017-03-22 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 21 2017 - 50% progression, died in committee
Action: 2017-03-22 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Increasing from $250,000 to $500,000 the aggregate amount of State income tax credits the Department of Housing and Community Development is authorized to issue in a taxable year for donations to specified qualified permanent endowment funds at specified community foundations; and applying the Act to taxable years 2018 and beyond.
Title
Income Tax Credit - Endow Maryland - Credit Amounts
Sponsors
| Sen. Roger Manno [D] |
Roll Calls
2017-03-19 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-22 | House | First Reading House Rules and Executive Nominations |
| 2017-03-21 | Senate | Third Reading Passed (45-0) |
| 2017-03-20 | Senate | Second Reading Passed with Amendments |
| 2017-03-20 | Senate | Favorable with Amendments {729136/1 Report Adopted |
| 2017-03-20 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2017-03-02 | Senate | Hearing 3/02 at 1:00 p.m. |
| 2017-02-03 | Senate | First Reading Budget and Taxation |
Subjects
Community Facilities and Services
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Tax Credits
Taxes - Income
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Tax Credits
Taxes - Income
