Legislation
- Title
- Income Tax Credit - Qualified Farms - Food Donation Pilot Program
- Sponsored by
- Senator Middleton
- Status
- In the House - Second Reading Passed
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Allowing a qualified farm a credit, for tax years 2016 through 2018, of up to $5,000 against the State income tax; providing that the credit is equal to 50% of the value of an eligible food donation or 75% of the value of donated certified organic produce; providing that the total amount of tax credit certificates issued may not exceed $250,000 per fiscal year; reestablishing the Task Force to Study the Implementation of a Hub and Spoke Program in the Southern Maryland Region and including Montgomery County in the Task Force; etc.
Committees
- Opposite:
- Ways and Means Click to view Recorded Media
Details
Emergency Bill
Introduced in a prior session as: SB0280 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): Upon Enactment
Creates a Task Force or Commission
History
Toggle History Dropdown
Documents
Toggle Documents Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
10-737 )
Last Updated: 2/3/2020 2:29 PM