MD SB768 | 2012 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-03-12 - Hearing 3/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Imposing a tax on the removal of natural gas from natural gas wells in the State; providing for the calculation of the tax; setting the rate of the tax; providing for the administration of the tax by the Comptroller; requiring persons subject to the tax to file returns and keep and make available specified records and information; providing for the distribution of revenue from the tax; establishing the Natural Gas Impact Fund; providing for the administration and purpose of the Fund; etc.

Tracking Information

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Title

Natural Gas Severance Tax and Impact Fund

Sponsors


History

DateChamberAction
2012-03-12 Hearing 3/21 at 1:00 p.m.
2012-03-12 Hearing cancelled
2012-02-08 Hearing 3/14 at 1:00 p.m.
2012-02-03 First Reading Budget and Taxation

Subjects


Maryland State Sources


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