MD SB43 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-27 - Hearing 1/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-01-27 - Hearing 1/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual a credit against the State income tax for the purchase price of equipment used to install or maintain a floating garden; providing that the credit may not exceed a specified amount; providing that the credit may not be carried forward to another taxable year; requiring the Comptroller, in consultation with the Department of the Environment, to provide a specified report on or before December 1, 2016 and each December thereafter; and applying the Act to taxable years beginning after December 31, 2015.
Title
Clean Waterways Tax Credit Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-01-27 | Senate | Hearing 1/27 at 1:00 p.m. |
2016-01-13 | Senate | First Reading Budget and Taxation |
2015-07-22 | Senate | Pre-filed |
Subjects
Agriculture
Comptroller
Environment, Department of
Environmental Matters
Equipment
Income Tax
Reports
Tax Credits
Taxes - Income
Water
Comptroller
Environment, Department of
Environmental Matters
Equipment
Income Tax
Reports
Tax Credits
Taxes - Income
Water