MD SB952 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on April 4 2023 - 50% progression, died in committee
Action: 2023-04-05 - Hearing 4/06 at 1:15 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on April 4 2023 - 50% progression, died in committee
Action: 2023-04-05 - Hearing 4/06 at 1:15 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Altering the calculation of and limitations on a certain credit against the State income tax for certain rehabilitation projects under the historic revitalization tax credit program; and altering the amount of certain appropriations that the Governor, in fiscal years 2025 through 2031, is required to include in the annual budget bill for the Historic Revitalization Tax Credit Reserve Fund and the Small Commercial Project Trust Account within the Reserve Fund.
Title
Historic Revitalization Tax Credit – Credit Amounts and Funding – Alterations
Sponsors
| Sen. Cory McCray [D] |
Roll Calls
2023-04-04 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-04-05 | House | Hearing 4/06 at 1:15 p.m. |
| 2023-04-05 | House | Rereferred to Ways and Means |
| 2023-04-04 | House | Referred Rules and Executive Nominations |
| 2023-04-04 | Senate | Third Reading Passed (46-0) |
| 2023-04-03 | Senate | Second Reading Passed with Amendments |
| 2023-04-03 | Senate | Favorable with Amendments {123824/1 Adopted |
| 2023-04-03 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2023-03-14 | Senate | Hearing 3/15 at 3:00 p.m. |
| 2023-03-14 | Senate | Hearing canceled |
| 2023-03-09 | Senate | Hearing 3/15 at 1:00 p.m. |
| 2023-03-08 | Senate | Rereferred to Budget and Taxation |
| 2023-02-24 | Senate | First Reading Senate Rules |
Subjects
Appropriations
Commercial Rehabilitation
Enterprise Zones
Historical Matters
Income Tax
Revenue and Taxes
Tax Credits
Taxes - Income
Commercial Rehabilitation
Enterprise Zones
Historical Matters
Income Tax
Revenue and Taxes
Tax Credits
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Finance and Procurement | 5A | 303 | (n/a) | See Bill Text |
