2005 Regular Session

HOUSE BILL 532

File Code: Taxes - Income Crossfiled with: SENATE BILL 294
Sponsored By:
Delegate James
Entitled:
Income Tax - Credit for Preservation and Conservation Easements - Refundability

Synopsis:

Repealing a specified limitation on the amount of a credit against the Maryland income tax for preservation and conservation easements; making specified tax credits for preservation and conservation easements refundable under specified circumstances; and applying the Act to tax years after 2004.

History by Legislative Date

House Action
2/3
First Reading Ways and Means
2/16
Hearing 3/15 at 1:00 p.m.
3/2
Hearing cancelled
Hearing 3/15 at 2:00 p.m.
4/11
Unfavorable Report by Ways and Means
Senate Action
No Action

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND
CONSERVATION -see also- SOIL CONSERVATION
EASEMENTS
FARMLAND
INCOME TAX
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General
( 10-723 )

Documents:

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