MD SB103 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2023 - 25% progression, died in committee
Action: 2023-01-12 - Hearing 1/19 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 11 2023 - 25% progression, died in committee
Action: 2023-01-12 - Hearing 1/19 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a credit against the State income tax for the costs of certain photovoltaic property placed into service by an individual during the taxable year; prohibiting an individual from claiming the credit under certain circumstances; providing for the carryforward of any unused credit; etc.
Title
Income Tax – Maryland Residential Solar Investment Tax Credit
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-12 | Senate | Hearing 1/19 at 1:30 p.m. |
| 2023-01-11 | Senate | First Reading Budget and Taxation |
| 2022-11-18 | Senate | Pre-filed |
Same As/Similar To
HB1271 (Crossfiled) 2023-02-22 - First Reading House Rules and Executive Nominations
Subjects
Comptroller
Energy Administration
Income Tax
Residential Property
Rules and Regulations
Solar Energy
Tax Credits
Taxes - Income
Energy Administration
Income Tax
Residential Property
Rules and Regulations
Solar Energy
Tax Credits
Taxes - Income
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 757 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0103?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0103f.pdf |
