MD SB902 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 2/26 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 2/26 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Repealing a certain credit against the public service company franchise tax for the purchase of Maryland-mined coal during a certain year; repealing a certain credit against the State income tax that certain cogenerators or electricity suppliers may claim for the purchase of Maryland-mined coal during a certain taxable year; repealing an exemption to the sales and use tax for the sale of coal used in certain residential properties; etc.
Title
Coal – Tax Credits and Exemption – Repeal
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-10 | Senate | Hearing 2/26 at 1:00 p.m. |
| 2020-02-10 | Senate | Hearing canceled |
| 2020-02-06 | Senate | Hearing 2/26 at 2:00 p.m. |
| 2020-02-03 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB919 (Crossfiled) 2020-02-05 - Hearing 2/18 at 1:00 p.m.
Subjects
Coal
Exemptions
Franchise Tax
Sales and Use Tax
Tax Credits
Taxes - Income
Taxes - Miscellaneous
Taxes - Sales and Use
Utilities
Exemptions
Franchise Tax
Sales and Use Tax
Tax Credits
Taxes - Income
Taxes - Miscellaneous
Taxes - Sales and Use
Utilities
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 704.1 | (n/a) | See Bill Text |
| Tax - General | 11 | 207 | (n/a) | See Bill Text |
| Tax - General | 8 | 406 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0902?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/sb/sb0902f.pdf |
