2006 Regular Session

SENATE BILL 646

File Code: Taxes - Income Crossfiled with: HOUSE BILL 1128
Sponsored By:
Senators Lawlah, Currie, Giannetti, Jacobs, Kelley, Munson, Ruben, and Teitelbaum
Entitled:
Income Tax - Subtraction Modification for Security Enhancements in Apartment Buildings

Synopsis:

Providing a subtraction modification under the Maryland income tax for expenses paid up to $500,000 for security enhancements in residential apartment buildings; defining terms; applying the Act to tax years after 2005; etc.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
3/1
Hearing 3/15 at 2:30 p.m.
House Action
No Action

Sponsored by:

Senator Gloria Lawlah, District 26
Senator Ulysses Currie, District 25
Senator John A. Giannetti, Jr., District 21
Senator Nancy Jacobs, District 34
Senator Delores G. Kelley, District 10
Senator Donald F. Munson, District 2
Senator E. J. Pipkin, District 36
Senator Ida G. Ruben, District 20
Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

APARTMENTS
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
EXEMPTIONS
INCOME TAX
SAFETY -see also- OCCUPATIONAL SAFETY
SECURITY ALARMS

Bill affects the following Statutes:

Public Safety
( 9-201 )
Tax - General
( 10-208 , 10-208 , 10-308 )

Documents:

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