MD HB1309 | 2012 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 15 2012 - 25% progression, died in chamber
Action: 2012-04-06 - Second Reading Passed
Text: Latest bill text (Engrossed) [PDF]

Summary

Providing a subtraction modification under the Maryland individual and corporate income tax for 100% of the expenses incurred to buy and install enhanced agricultural management equipment under specified circumstances; providing a subtraction modification for 50% of the expenses incurred to buy and install enhanced agricultural management equipment under specified circumstances; defining "enhanced agricultural management equipment"; applying the Act to tax years after 2011; etc.

Tracking Information

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Title

Income Tax - Subtraction Modification - Enhanced Agricultural Management

Sponsors


History

DateChamberAction
2012-04-06 Second Reading Passed
2012-04-06 Favorable Report Adopted
2012-04-09 Favorable Report by Ways and Means
2012-03-02 Hearing 3/20 at 1:00 p.m.
2012-02-27 Re-referred Ways and Means
2012-02-15 First Reading House Rules and Executive Nominations

Subjects


Maryland State Sources


Bill Comments

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