MD SB807 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 9-3)
Status: Passed on May 22 2012 - 100% progression
Action: 2012-05-22 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Slight Partisan Bill (Democrat 9-3)
Status: Passed on May 22 2012 - 100% progression
Action: 2012-05-22 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Allowing a subtraction modification under the Maryland income tax for the amount of gain resulting from a payment made by the Maryland Department of Transportation for the acquisition of a portion of an individual's property on which the individual's principal residence is located; limiting the subtraction to a specified amount; applying the Act to taxable years beginning after December 31, 2011; etc.
Title
Income Tax - Subtraction Modification - Land Acquisition for Department of
Sponsors
Roll Calls
2012-04-03 - House - Third Reading Passed (Y: 97 N: 25 NV: 5 Abs: 14) [PASS]
2012-04-03 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2012-04-03 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2012-05-22 | Approved by the Governor | |
2012-04-03 | Third Reading Passed with Amendments (97-25) | |
2012-04-02 | Second Reading Passed with Amendments | |
2012-04-02 | Favorable with Amendments 485263/1 Report Adopted | |
2012-04-07 | Favorable with Amendments Report by Ways and Means | |
2012-03-27 | Hearing 4/4 at 1:00 p.m. | |
2012-03-27 | Hearing cancelled | |
2012-03-27 | Hearing 3/28 at 1:00 p.m. | |
2012-03-24 | First Reading Ways and Means | |
2012-04-03 | Passed Enrolled | |
2012-04-03 | Third Reading Passed (47-0) | |
2012-04-03 | Senate Concur - House Amendments | |
2012-03-22 | Third Reading Passed (46-0) | |
2012-03-20 | Second Reading Passed with Amendments | |
2012-03-20 | Favorable with Amendments 479435/1 Report Adopted | |
2012-03-23 | Favorable with Amendments Report by Budget and Taxation | |
2012-02-08 | Hearing 3/16 at 1:00 p.m. | |
2012-02-03 | First Reading Budget and Taxation |
Subjects
Condemnation
Exemptions
Highway Administration, State
Highways
Income Tax
Real Property
Transportation
Transportation, Department of
Exemptions
Highway Administration, State
Highways
Income Tax
Real Property
Transportation
Transportation, Department of