MD HB868 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-02 - Hearing 2/22 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-02 - Hearing 2/22 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering, for purposes of provisions of law concerning the sales and use tax, the definition of "taxable price" to exclude the value of credit provided for a trade-in of certain portable electronics accepted in partial payment under certain circumstances.
Title
Sales and Use Tax - Taxable Price - Exemption for Trade-in Value of Portable Electronics
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-02 | House | Hearing 2/22 at 1:00 p.m. |
| 2024-02-02 | House | First Reading Ways and Means |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Insurance | 10 | 701 | (n/a) | See Bill Text |
| Tax - General | 11 | 101 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0868?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0868f.pdf |
