MD SB732 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2014 - 25% progression, died in committee
Action: 2014-03-06 - Hearing 3/06 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 31 2014 - 25% progression, died in committee
Action: 2014-03-06 - Hearing 3/06 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a qualified nursing home to claim a refundable credit against the State income tax in the amount of sales and use tax paid for the purchase of a backup generator; establishing an annual tax-free period from May 19 through May 24 during which a sales tax exemption for specified sales of emergency preparedness equipment is provided; requiring the Comptroller to publish a list of emergency preparedness equipment; applying specified provisions of the Act to taxable years beginning after December 31, 2013, but before January 1, 2019; etc.
Title
Income and Sales Tax Incentives - Emergency Preparedness Equipment
Sponsors
Sen. Roger Manno [D] |
History
Date | Chamber | Action |
---|---|---|
2014-03-06 | Senate | Hearing 3/06 at 1:00 p.m. |
2014-02-26 | Senate | Hearing cancelled |
2014-03-07 | Senate | Hearing 3/07 at 1:00 p.m. |
2014-01-31 | Senate | First Reading Budget and Taxation |
Subjects
Comptroller
Electronic Government
Emergencies
Equipment
Exemptions
Income Tax
Nursing Homes
Publications
Sales and Use Tax
Sunset
Tax Credits
Taxes - Income
Taxes - Sales and Use
Electronic Government
Emergencies
Equipment
Exemptions
Income Tax
Nursing Homes
Publications
Sales and Use Tax
Sunset
Tax Credits
Taxes - Income
Taxes - Sales and Use