MD HB1198 | 2013 | Regular Session
Status
Spectrum: Strong Partisan Bill (Republican 17-1)
Status: Introduced on February 8 2013 - 25% progression, died in committee
Action: 2013-03-07 - Hearing 3/07 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2013 - 25% progression, died in committee
Action: 2013-03-07 - Hearing 3/07 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing an individual or a corporation to claim a credit against the State income tax for 15% of the cost of a renewable energy system; requiring a renewable energy system for which a credit is claimed to satisfy specified requirements; providing that the amount of the credit may not exceed the State income tax for a taxable year; authorizing an individual or a corporation to apply any excess amount of the credit against the State income tax for succeeding taxable years; etc.
Title
Income Tax Credit - Renewable Energy Systems
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-03-07 | House | Hearing 3/07 at 1:00 p.m. |
| 2013-02-08 | House | First Reading Ways and Means |
Subjects
Alternative Energy Sources
Comptroller
Corporations
Energy Matters
Income Tax
Rules and Regulations
Tax Credits
Taxes - Income
Comptroller
Corporations
Energy Matters
Income Tax
Rules and Regulations
Tax Credits
Taxes - Income
