MD HB60 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2020-12-22 - Hearing 1/21 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2020-12-22 - Hearing 1/21 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a credit against the State income tax for certain costs, paid or incurred after July 1, 2021, by an owner of certain multifamily housing to meet certain energy and water efficiency standards; requiring the Maryland Energy Administration to issue an initial tax credit certificate on application of the owner under certain circumstances and subject to certain limitations; prohibiting the Administration from issuing tax credit certificates totaling more than $1,000,000 in aggregate; etc.
Title
Income Tax - Green Buildings Tax Credit - Multifamily Housing
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-12-22 | House | Hearing 1/21 at 1:30 p.m. |
2020-12-22 | House | Hearing canceled |
2020-12-22 | House | Hearing 1/21 at 1:00 p.m. |
2021-01-13 | House | First Reading Ways and Means |
2020-10-12 | House | Pre-filed |
Subjects
Administrative Agencies
Comptroller
Construction
Energy Matters
Environmental Matters
Forms
Housing
Income Tax
Reports
Rules and Regulations
Tax Credits
Taxes - Income
Utilities
Water
Comptroller
Construction
Energy Matters
Environmental Matters
Forms
Housing
Income Tax
Reports
Rules and Regulations
Tax Credits
Taxes - Income
Utilities
Water
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 722.1 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0060?ys=2021RS |
Text | https://mgaleg.maryland.gov/2021RS/bills/hb/hb0060f.pdf |