MD SB819 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-09 - Hearing 3/09 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-09 - Hearing 3/09 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual or a corporation a credit against the State income tax equal to 50% of the renovation or construction costs incurred during the taxable year to provide specified accessibility and visibility features to or within a home; providing that the credit may not exceed $5,000; requiring applicants to file a specified application before a specified date and to file an amended return; applying the Act to all taxable years beginning after December 31, 2016; etc .
Title
Independent Living Tax Credit Act
Sponsors
| Sen. Douglas Peters [D] | Sen. Ulysses Currie [D] | Sen. Brian Feldman [D] | Sen. Guy Guzzone [D] |
| Sen. Nancy King [D] | Sen. Roger Manno [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-09 | Senate | Hearing 3/09 at 1:00 p.m. |
| 2016-02-05 | Senate | First Reading Budget and Taxation |
Subjects
Construction
Disabilities
Home Improvement
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Rules and Regulations
Tax Credits
Taxes - Income
Disabilities
Home Improvement
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Rules and Regulations
Tax Credits
Taxes - Income
