MD SB976 | 2012 | Regular Session

Status

Sponsorship: Slight Partisan Bill (Democrat 17-7)
Status: Engrossed on March 22 2012 - 50% progression, died in chamber
Action: 2012-04-06 - Second Reading Passed
Text: Latest bill text (Engrossed) [PDF]

Summary

Providing a subtraction modification under the Maryland individual and corporate income tax for 100% of the expenses incurred to buy and install enhanced agricultural management equipment under specified circumstances; providing a subtraction modification for 50% of the expenses incurred to buy and install enhanced agricultural management equipment under specified circumstances; defining "enhanced agricultural management equipment"; applying the Act to tax years beginning after December 31, 2011; etc.

Tracking Information

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Title

Income Tax - Subtraction Modification - Enhanced Agricultural Management

Sponsors


Roll Calls

2012-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2012-04-06 Second Reading Passed
2012-04-06 Favorable Report Adopted
2012-04-09 Favorable Report by Ways and Means
2012-03-28 Hearing 4/3 at 1:00 p.m.
2012-03-24 First Reading Ways and Means
2012-03-22 Third Reading Passed (46-0)
2012-03-20 Second Reading Passed with Amendments
2012-03-20 Favorable with Amendments 419036/1 Report Adopted
2012-03-23 Favorable with Amendments Report by Budget and Taxation
2012-02-29 Hearing 3/16 at 1:00 p.m.
2012-02-27 Re-referred Budget and Taxation
2012-02-16 First Reading Senate Rules

Subjects


Maryland State Sources


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