MD SB926 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 3 2017 - 25% progression, died in committee
Action: 2017-03-08 - Hearing 3/08 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing specified individuals or business entities a credit against the State income tax for a specified percentage of the eligible cost of specified renewable energy property constructed or purchased and placed in service in the State; establishing a specified application fee and making the fee nonrefundable under specified circumstances; limiting the aggregate amount of tax credit certificates that may be issued during a specified period; applying the Act to all taxable years beginning after December 31, 2018; etc.

Tracking Information

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Title

Income Tax Credit - Renewable Energy Property

Sponsors


History

DateChamberAction
2017-03-08SenateHearing 3/08 at 1:00 p.m.
2017-02-03SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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