MD SB970 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-03-08 - Hearing 3/08 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-03-08 - Hearing 3/08 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing from $250,000 to $1,000,000 the aggregate amount of State income tax credits the Department of Housing and Community Development is authorized to issue in a taxable year for donations to certain qualified permanent endowment funds at certain community foundations; and applying the Act to taxable years beginning after December 31, 2018.
Title
Income Tax Credit - Endow Maryland - Credit Amounts
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-08 | Senate | Hearing 3/08 at 2:00 p.m. |
| 2018-03-07 | Senate | Hearing canceled |
| 2018-03-08 | Senate | Hearing 3/08 at 2:15 p.m. |
| 2018-03-06 | Senate | Hearing canceled |
| 2018-03-08 | Senate | Hearing 3/08 at 2:45 p.m. |
| 2018-02-28 | Senate | Hearing canceled |
| 2018-03-07 | Senate | Hearing 3/07 at 1:00 p.m. |
| 2018-02-05 | Senate | First Reading Budget and Taxation |
Subjects
Community Facilities and Services
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Tax Credits
Taxes - Income
Housing and Community Development, Department of
Income Tax
Nonprofit Organizations
Tax Credits
Taxes - Income
