Legislation

Title: Income Tax - Subtraction Modification - Perpetual Conservation Easements
Sponsored by: Senators Peters, Middleton, and Miller
Status: In the House - Hearing 3/22 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland income tax for the first $250,000 in proceeds from the sale of a perpetual conservation easement on real property in the State.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB1174

Introduced in a prior session as: SB0371 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber Senate Calendar Date 1/20/2017 Legislative Date 1/20/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Perpetual Conservation Easements Proceedings
Chamber Senate Calendar Date 1/27/2017 Legislative Date 1/27/2017 Action Hearing 2/15 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2017 Legislative Date 2/27/2017 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/01/2017 Legislative Date 3/01/2017 Action Favorable Adopted Second Reading Passed Proceedings 34 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Subtraction Modification - Perpetual Conservation Easements Proceedings
Chamber Senate Calendar Date 3/03/2017 Legislative Date 3/03/2017 Action Third Reading Passed (46-0) Proceedings 36 Click to view Recorded Media
Chamber House Calendar Date 3/06/2017 Legislative Date 3/06/2017 Action Referred Ways and Means Proceedings 39 Click to view Recorded Media
Chamber House Calendar Date 3/07/2017 Legislative Date 3/07/2017 Action Hearing 3/22 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/20/2017	1/20/2017	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Perpetual Conservation Easements
Senate	1/27/2017	1/27/2017	Hearing 2/15 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/27/2017	2/27/2017	Favorable Report by Budget and Taxation
Senate	3/01/2017	3/01/2017	Favorable Adopted Second Reading Passed	34 Click to view Recorded Media
			Text - Third - Income Tax - Subtraction Modification - Perpetual Conservation Easements
Senate	3/03/2017	3/03/2017	Third Reading Passed (46-0)	36 Click to view Recorded Media
House	3/06/2017	3/06/2017	Referred Ways and Means	39 Click to view Recorded Media
House	3/07/2017	3/07/2017	Hearing 3/22 at 1:00 p.m.

File Code

Subjects

Statutes