MD HB563 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 27 2020 - 25% progression, died in committee
Action: 2020-01-29 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 27 2020 - 25% progression, died in committee
Action: 2020-01-29 - Hearing 2/12 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 certain costs incurred for an approved lead hazard reduction project for qualifying property located in Baltimore City; providing for the calculation of the credit; providing for the submission of proposals for lead hazard reduction projects to the Department of Housing and Community Development for approval; limiting to $250,000 the total amount of credits that the Department may approve for any fiscal year; etc.
Title
Income Tax - Lead Remediation Credit
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-01-29 | House | Hearing 2/12 at 1:00 p.m. |
2020-01-29 | House | Hearing canceled |
2020-01-28 | House | Hearing 2/13 at 1:00 p.m. |
2020-01-27 | House | First Reading Ways and Means |
Subjects
Baltimore City
Comptroller
Environment, Department of the
Environmental Health
Fraud
Grants
Hazardous and Toxic Substances
Housing and Community Development, Department of
Income Tax
Inspections
Laboratories
Loans
Penalties and Sentences
Prices
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Comptroller
Environment, Department of the
Environmental Health
Fraud
Grants
Hazardous and Toxic Substances
Housing and Community Development, Department of
Income Tax
Inspections
Laboratories
Loans
Penalties and Sentences
Prices
Rules and Regulations
Sunset
Tax Credits
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 751 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0563?ys=2020RS |
Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb0563f.pdf |