MD HB313 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 28 2019 - 25% progression, died in committee
Action: 2019-01-30 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 28 2019 - 25% progression, died in committee
Action: 2019-01-30 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing certain businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation, in consultation with the Comptroller, to determine the amount of the income tax credit; requiring the Department to certify a business entity as a qualified business if the business entity can establish loss of business income at a property in the area impacted by the construction; etc.
Title
State Income and Property Tax Credits - Purple Line Construction Zone
Sponsors
Sen. Alonzo Washington [D] | Del. Ben Barnes [D] | Sen. Nick Charles [D] | Del. Wanika Fisher [D] |
Del. Julian Ivey [D] | Del. Jheanelle Wilkins [D] |
History
Date | Chamber | Action |
---|---|---|
2019-01-30 | House | Hearing 2/12 at 1:00 p.m. |
2019-01-28 | House | First Reading Ways and Means |
Subjects
Commerce and Business
Comptroller
Income Tax
Mass Transit
Montgomery County
Prince George's County
Property Tax
Records
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Property
Transportation, Department of
Comptroller
Income Tax
Mass Transit
Montgomery County
Prince George's County
Property Tax
Records
Rules and Regulations
Tax Credits
Taxes - Income
Taxes - Property
Transportation, Department of