MD SB728 | 2016 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on April 6 2016 - 50% progression, died in chamber
Action: 2016-04-11 - Favorable with Amendments Report by Ways and Means
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on April 6 2016 - 50% progression, died in chamber
Action: 2016-04-11 - Favorable with Amendments Report by Ways and Means
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing a record owner of a specified new dwelling in a specified county to claim a credit against the State income tax in an amount equal to $1.25 for each square foot of the new dwelling if a specified automatic fire sprinkler system is installed in the new dwelling; requiring the Office of the State Fire Marshal to approve applications for the credit; providing that the Office may not approve a credit in a taxable year beginning after December 31, 2018; limiting the total amount of credits to $1,000,000 in any taxable year; etc.
Title
Income Tax Credit - New Dwellings - Automatic Fire Sprinkler Systems
Sponsors
Roll Calls
2016-03-31 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2016-04-11 | House | Favorable with Amendments Report by Ways and Means |
2016-04-11 | House | Hearing 4/11 at 9:00 a.m. |
2016-04-09 | House | Rereferred to Ways and Means |
2016-04-07 | House | First Reading House Rules and Executive Nominations |
2016-04-06 | Senate | Third Reading Passed (46-0) |
2016-04-05 | Senate | Second Reading Passed with Amendments |
2016-04-05 | Senate | Favorable with Amendments {719030/1 Report Adopted |
2016-04-05 | Senate | Favorable with Amendments Report by Budget and Taxation |
2016-03-09 | Senate | Hearing 3/09 at 1:00 p.m. |
2016-02-05 | Senate | First Reading Budget and Taxation |
Subjects
Allegany County
Caroline County
Cecil County
Dorchester County
Fire Protection
Garrett County
Housing
Income Tax
Kent County
Queen Anne's County
Somerset County
Talbot County
Taxes - Income
Washington County
Wicomico County
Worcester County
Caroline County
Cecil County
Dorchester County
Fire Protection
Garrett County
Housing
Income Tax
Kent County
Queen Anne's County
Somerset County
Talbot County
Taxes - Income
Washington County
Wicomico County
Worcester County