Maryland Senate Bill 697 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2018 - 25% progression, died in committee
Action: 2018-02-26 - Hearing canceled
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Requiring the Comptroller to use the information contained in a certain report to verify that a certain business entity or individual is eligible for a credit against the State income tax for contributions to certain projects; prohibiting the Comptroller from requiring a business entity or an individual to submit additional information with the business entity's or individual's income tax return to claim a certain income tax credit; applying the Act to taxable years beginning after December 31, 2017; etc.

Income Tax - Community Investment Tax Credit - Verification of Credit Eligibility

Sen. Guy Guzzone [D]

Date	Chamber	Action
2018-02-26	Senate	Hearing canceled
2018-02-28	Senate	Hearing 2/28 at 1:00 p.m.
2018-02-02	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0697?ys=2018rs
Text	https://mgaleg.maryland.gov/2018RS/bills/sb/sb0697f.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/fnotes/bil_0007/sb0697.pdf