MD SB198 | 2021 | Regular Session
Note: Carry Foward to future SB45
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2020-12-22 - Hearing 1/26 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2021 - 25% progression, died in committee
Action: 2020-12-22 - Hearing 1/26 at 1:00 p.m.
Pending: Senate Budget and Taxation 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 residential property for certain energy efficiency upgrades and for which the owner obtains a tax credit certificate from the Maryland Energy Administration; prohibiting a taxpayer from claiming the tax credit in a taxable year in which the Governor declares a certain state of emergency; requiring the Administration to report on the tax credits to the Comptroller on or before January 31 each year; etc.
Title
Income Tax - Credit for Energy Efficiency Upgrades - Passive Houses
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-12-22 | Senate | Hearing 1/26 at 1:00 p.m. |
2021-01-13 | Senate | First Reading Budget and Taxation |
2020-10-23 | Senate | Pre-filed |
Same As/Similar To
SB198 (Carry Over) 2020-12-22 - Hearing 1/26 at 1:00 p.m.
HB74 (Crossfiled) 2020-12-22 - Hearing 1/14 at 1:30 p.m.
HB74 (Crossfiled) 2020-12-22 - Hearing 1/14 at 1:30 p.m.
Subjects
Administrative Agencies
Comptroller
Emergencies
Energy Matters
Home Improvement
Income Tax
Reports
Residential Property
Rules and Regulations
Tax Credits
Taxes - Income
Comptroller
Emergencies
Energy Matters
Home Improvement
Income Tax
Reports
Residential Property
Rules and Regulations
Tax Credits
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 751 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0198?ys=2021RS |
Text | https://mgaleg.maryland.gov/2021RS/bills/sb/sb0198f.pdf |