MD SB419 | 2011 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 4 2011 - 25% progression, died in committee
Action: 2011-03-02 - Hearing 3/10 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 4 2011 - 25% progression, died in committee
Action: 2011-03-02 - Hearing 3/10 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual or corporation a credit against the State income tax equal to the lesser of 50% or $3,500 of the costs incurred for each purchase and installation of a qualifying idling reduction device in a heavy-duty diesel-powered on-highway vehicle; providing for the carryover of unused credit if the credit exceeds the State income tax otherwise payable for a taxable year; providing that a credit may not be claimed for the purchase and installation of a device after December 31, 2013; etc.
Title
Income Tax - Heavy-Duty Diesel Vehicles - Credit for Idle Reduction Devices
Sponsors
Sen. David Brinkley [R] | Sen. Richard Colburn [R] | Sen. Ulysses Currie [D] | Sen. James DeGrange [D] |
Sen. George Edwards [R] | Sen. Verna Jones-Rodwell [D] |
History
Date | Chamber | Action |
---|---|---|
2011-03-02 | Hearing 3/10 at 1:00 p.m. | |
2011-03-02 | Hearing cancelled | |
2011-02-16 | Hearing 3/9 at 1:00 p.m. | |
2011-02-04 | First Reading Budget and Taxation |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2011rs/billfile/SB0419.htm |
Text | http://mlis.state.md.us/2011rs/bills/sb/sb0419f.pdf |