2000 Regular Session

HOUSE BILL 754

File Code: Taxes - Income
Sponsored By:
Delegates Shank, Donoghue, Hecht, K. Kelly, Stull, McKee, Bartlett, Snodgrass, Edwards, and Elliott
Entitled:
Income Tax - Gain Recognized on Sale of Preservation or Conservation Easements

Synopsis:

Providing an income tax subtraction modification for gain recognized on the sale or other disposition of a preservation or conservation easement or other interest in agricultural land to the Rural Legacy Program, the Maryland Environmental Trust, the Maryland Agricultural Land Preservation Foundation, an agricultural land preservation program or transferable development rights program established by a county, or the Maryland Historical Trust; and applying the Act to tax years after 1999.

History by Legislative Date

House Action
2/10
First Reading Ways and Means
2/23
Hearing 3/9 at 1:00 p.m.
3/17
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Christopher B. Shank, District 2B
Delegate Joseph R. Bartlett, District 3
Delegate John P. Donoghue, District 2C
Delegate George C. Edwards, District 1A
Delegate Donald B. Elliott, District 4B
Delegate C. Sue Hecht, District 3
Delegate Kevin Kelly, District 1B
Delegate Robert A. McKee, District 2A
Delegate Louise V. Snodgrass, District 3
Delegate Paul S. Stull, District 4A
Bill indexed under the following Subjects:
CONSERVATION -see also- SOIL CONSERVATION
EASEMENTS
ENVIRONMENTAL TRUST
EXEMPTIONS
FARMLAND
HISTORICAL MATTERS
INCOME TAX
REAL PROPERTY
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-207 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered