Maryland Senate Bill 809 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-09 - Hearing 3/09 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Allowing specified individuals or corporations a credit against the State income tax for a specified percentage of the cost of specified renewable energy property constructed or purchased and placed in service in the State; limiting the amount of the credit for each installation of renewable energy property; limiting the aggregate amount of tax credit certificates that may be issued during a specified period; applying the Act to all taxable years beginning after December 31, 2017; etc.

Income Tax Credit - Renewable Energy Property

Sen. Richard Madaleno [D]	Sen. Brian Feldman [D]	Sen. Nancy King [D]	Sen. Susan Lee [D]
Sen. Shirley Nathan-Pulliam [D]

Date	Chamber	Action
2016-03-09	Senate	Hearing 3/09 at 1:00 p.m.
2016-02-05	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0809?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/sb/sb0809f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0009/sb0809.pdf