MD SB289 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 16 2022 - 100% progression
Action: 2022-05-16 - Approved by the Governor - Chapter 450
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 16 2022 - 100% progression
Action: 2022-05-16 - Approved by the Governor - Chapter 450
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering certain limitations on a certain credit against the State income tax for certain commercial rehabilitation projects; establishing the Small Commercial Project Trust Account within the Historic Revitalization Tax Credit Reserve Fund; requiring the Governor, in certain fiscal years, to include in the annual State budget an appropriation of at least a certain amount for the Reserve Fund and the Trust Account; altering the eligibility for and the calculation of a certain credit against a certain property tax; etc.
Title
Historic Revitalization and Enterprise Zone Tax Credits - Alterations and Eligibility
Sponsors
Roll Calls
2022-04-09 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2022-04-08 - House - Third Reading Passed (Y: 134 N: 1 NV: 1 Abs: 5) [PASS]
2022-03-18 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2022-04-08 - House - Third Reading Passed (Y: 134 N: 1 NV: 1 Abs: 5) [PASS]
2022-03-18 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2022-05-16 | Senate | Approved by the Governor - Chapter 450 |
2022-04-09 | Senate | Passed Enrolled |
2022-04-09 | Senate | Third Reading Passed (45-0) |
2022-04-09 | Senate | Senate Concurs House Amendments |
2022-04-08 | House | Third Reading Passed (134-1) |
2022-04-08 | House | Second Reading Passed with Amendments |
2022-04-08 | House | Favorable with Amendments {123425/1 Adopted |
2022-04-07 | House | Favorable with Amendments Report by Ways and Means |
2022-03-19 | House | Hearing 3/30 at 1:00 p.m. |
2022-03-18 | House | Referred Ways and Means |
2022-03-18 | Senate | Third Reading Passed (46-0) |
2022-03-17 | Senate | Second Reading Passed with Amendments |
2022-03-17 | Senate | Favorable with Amendments {463826/1 Adopted |
2022-03-17 | Senate | Favorable with Amendments Report by Budget and Taxation |
2022-01-24 | Senate | Hearing 2/02 at 1:00 p.m. |
2022-01-19 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB27 (Crossfiled) 2022-05-16 - Approved by the Governor - Chapter 449
Subjects
Appropriations
Commercial Rehabilitation
Enterprise Zones
Governor
Historical Matters
Income Tax
Revenue and Taxes
Sunset
Tax Credits
Taxes - Income
Commercial Rehabilitation
Enterprise Zones
Governor
Historical Matters
Income Tax
Revenue and Taxes
Sunset
Tax Credits
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
State Finance and Procurement | 5A | 303 | (n/a) | See Bill Text |
Tax - Property | 9 | 103 | (n/a) | See Bill Text |