MD SB675 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 4 2022 - 25% progression, died in committee
Action: 2022-02-05 - Hearing 2/23 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the governing body of certain counties and municipal corporations located in Western Maryland to grant a property tax credit on certain newly constructed dwellings; allowing certain persons who construct more than 10 middle-income homes in Allegany County, Garrett County, or Washington County to claim a credit against the State income tax; requiring the Department of Housing and Community Development to administer the credit; etc.

Tracking Information

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Title

Property and Income Taxes – Credits for Construction and Purchase of Housing in Western Maryland

Sponsors


History

DateChamberAction
2022-02-05SenateHearing 2/23 at 1:00 p.m.
2022-02-04SenateFirst Reading Budget and Taxation

Same As/Similar To

HB843 (Crossfiled) 2022-02-08 - Hearing 2/23 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10754(n/a)See Bill Text
Tax - Property9327(n/a)See Bill Text

Maryland State Sources


Bill Comments

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