Maryland Senate Bill 176 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 15 2014 - 25% progression, died in chamber
Action: 2014-02-24 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]

Allowing a credit against the State income tax for the diminution in value of specified agricultural land resulting from enactment of the Sustainable Growth and Agricultural Preservation Act of 2012 and adoption of specified regulations related to nutrient management; providing for the determination of the amount of the credit; requiring an owner of agricultural land to provide specified information with the owner's tax return in order to claim the credit; and applying the Act to taxable years beginning after December 31, 2013.

Income Tax Credit - Agricultural Land - Diminution in Value of Real Property

Sen. Barry Glassman [R]

Date	Chamber	Action
2014-02-24	Senate	Unfavorable Report by Budget and Taxation
2014-01-29	Senate	Hearing 1/29 at 1:45 p.m.
2014-01-27	Senate	Hearing cancelled
2014-01-29	Senate	Hearing 1/29 at 1:00 p.m.
2014-01-15	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0176?ys=2014rs
Text	https://mgaleg.maryland.gov/2014RS/bills/sb/sb0176f.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/fnotes/bil_0006/sb0176.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/votes_comm/sb0176_b&t.pdf