2004 Regular Session

SENATE BILL 479

File Code: Taxes - Income
Sponsored By:
Senators Dyson, Munson, and Stoltzfus
Entitled:
Income Tax Credit for Preservation and Conservation Easements - Transferability

Synopsis:

Allowing an individual to transfer tax credits for preservation and conservation easements to another individual under limited circumstances; authorizing an individual to whom a credit for preservation or conservation easements is transferred to claim a credit against the Maryland income tax under limited circumstances; etc.

History by Legislative Date

Senate Action
2/6
First Reading Budget and Taxation
3/10
Hearing 3/24 at 1:00 p.m.
3/29
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Roy P. Dyson, District 29
Senator Donald F. Munson, District 2
Senator J. Lowell Stoltzfus, District 38
Bill indexed under the following Subjects:
AGRICULTURE -see also- FARMLAND
CONSERVATION -see also- SOIL CONSERVATION
EASEMENTS
EXEMPTIONS
FARMLAND
FORMS
INCOME TAX
NOTICES
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-723 )

Documents:

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