Prohibiting a certain taxpayer from claiming the Heritage Structure Rehabilitation Tax Credit under the Maryland income tax if the taxpayer's federal adjusted gross income exceeds $500,000 for a taxpayer who does not file a joint income tax return or $1,000,000 for a married couple filing a joint income tax return; specifying certain income levels above which a certain phase-down of the tax credit is required; and applying the Act to tax credit certificates issued after July 1, 2018.
Bill File Type: Regular
Effective Date(s): July 1, 2018
( 5A-303 )
Last Updated: 2/3/2020 2:31 PM