MD HB1163 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 8 2019 - 25% progression
Action: 2019-02-12 - Hearing 3/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing a subtraction modification under the Maryland income tax for certain gains from the sale to, or an exchange with, a certain unrelated person of qualified Maryland opportunity zone property; providing for the calculation of the subtraction modification; requiring the governing body of a county or municipal corporation to grant a property tax credit on a certain assessment of qualified Maryland opportunity zone business property under certain circumstances; providing for the amount of the credit; etc.

Tracking Information

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Title

Income and Property Taxes - Qualified Maryland Opportunity Zone Investments

Sponsors


History

DateChamberAction
2019-02-12HouseHearing 3/08 at 1:00 p.m.
2019-02-08HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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