Maryland Senate Bill 795 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2019 - 25% progression, died in committee
Action: 2019-02-06 - Hearing 3/08 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Allowing a subtraction modification under the Maryland income tax for certain gains from the sale to, or an exchange with, a certain unrelated person of qualified Maryland opportunity zone property; providing for the calculation of the subtraction modification; requiring the governing body of a county or municipal corporation to grant a property tax credit on a certain assessment of qualified Maryland opportunity zone business property under certain circumstances; providing for the amount of the credit; etc.

Income and Property Taxes - Qualified Maryland Opportunity Zone Investments

Sen. Antonio Hayes [D]

Date	Chamber	Action
2019-02-06	Senate	Hearing 3/08 at 1:00 p.m.
2019-02-04	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0795?ys=2019rs
Text	https://mgaleg.maryland.gov/2019RS/bills/sb/sb0795f.pdf
Supplement	https://mgaleg.maryland.gov/2019RS/fnotes/bil_0005/sb0795.pdf