MD SB957 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 5 2018 - 25% progression, died in chamber
Action: 2018-03-09 - Unfavorable Report by Budget and Taxation; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2018 - 25% progression, died in chamber
Action: 2018-03-09 - Unfavorable Report by Budget and Taxation; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a credit against the State income tax for expenses related to the installation of certain lighting systems on certain poultry houses; requiring the Maryland Energy Administration to administer the tax credit; requiring the Administration to issue tax credit certificates not exceeding $5,000; requiring the Administration to approve applications for tax credits on a first-come, first-served basis and in a timely manner; applying the Act to taxable years beginning after December 31, 2017, but before January 1, 2023; etc.
Title
Income Tax Credits - Poultry Houses - LED Lighting and Solar Panel Systems
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-03-09 | Senate | Unfavorable Report by Budget and Taxation; Withdrawn |
2018-03-08 | Senate | Hearing canceled |
2018-03-14 | Senate | Hearing 3/14 at 1:00 p.m. |
2018-02-05 | Senate | First Reading Budget and Taxation |
Subjects
Administrative Agencies
Agriculture
Comptroller
Energy Matters
Income Tax
Meat, Poultry, Seafood
Reports
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Agriculture
Comptroller
Energy Matters
Income Tax
Meat, Poultry, Seafood
Reports
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0957?ys=2018rs |
Text | https://mgaleg.maryland.gov/2018RS/bills/sb/sb0957f.pdf |