Maryland Senate Bill 486 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 15 2014 - 100% progression
Action: 2014-05-15 - Approved by the Governor - Chapter 511
Text: Latest bill text (Chaptered) [PDF]

Allowing a credit against the State income tax for 25% of the amount of a donation to a qualified permanent endowment fund at an eligible community foundation; requiring the Department of Housing and Community Development to report to the State Department of Assessments and Taxation and the Comptroller, on or before January 31 of each taxable year, the donations that the Department has approved for tax credit certificates during the prior year; applying the Act to all taxable years beginning after December 31, 2014; etc.

Income Tax Credit - Endow Maryland

Sen. Roger Manno [D]

Sen. Thomas Middleton [D]

2014-03-29 - House - House Floor - Third Reading Passed (120-13) (Y: 120 N: 13 NV: 2 Abs: 6) [PASS]
2014-03-14 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2014-05-15	Senate	Approved by the Governor - Chapter 511
2014-04-07	Senate	Returned Passed
2014-04-05	House	Third Reading Passed (120-13)
2014-04-04	House	Second Reading Passed
2014-04-04	House	Favorable Report Adopted
2014-04-04	House	Favorable Report by Ways and Means
2014-04-01	House	Hearing 4/01 at 1:00 p.m.
2014-03-26	House	Rereferred to Ways and Means
2014-03-20	House	First Reading House Rules and Executive Nominations
2014-03-19	Senate	Third Reading Passed (46-0)
2014-03-18	Senate	Second Reading Passed with Amendments
2014-03-18	Senate	Favorable with Amendments {349534/1 Report Adopted
2014-03-17	Senate	Favorable with Amendments Report by Budget and Taxation
2014-02-12	Senate	Hearing 2/12 at 1:00 p.m.
2014-01-27	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0486?ys=2014rs
Text	https://mgaleg.maryland.gov/2014RS/bills/sb/sb0486f.pdf
Text	https://mgaleg.maryland.gov/2014RS/bills/sb/sb0486t.pdf
Text	https://mgaleg.maryland.gov/2014RS/Chapters_noln/CH_511_sb0486t.pdf
Amendment	https://mgaleg.maryland.gov/2014RS/amds/bil_0006/sb0486_34953401.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/fnotes/bil_0006/sb0486.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/votes_comm/sb0486_b&t.pdf
Supplement	https://mgaleg.maryland.gov/2014RS/votes_comm/sb0486_w&m.pdf
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0486,s-0622&stab=02&ys=2014RS
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0486,h-1189&stab=02&ys=2014RS