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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
State Income and Property Tax Credits – Purple Line Construction Zone
Sponsored by
Senators Smith, Lee, Madaleno, Pinsky, Ramirez, and Rosapepe
Status
In the Senate - Hearing 2/28 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Allowing certain businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation, in consultation with the Comptroller, to determine the amount of the income tax credit; requiring the Department to certify a business entity as a qualified business if the business entity can establish loss of business income at a property in the area impacted by the construction; etc.
Committees
Original:
Budget and Taxation  
Details
Cross-filed with: HB0978
Bill File Type: Regular
Effective Date(s): June 1, 2018
History
Legislation History
Chamber
Senate
Calendar Date
2/01/2018
Legislative Date
2/01/2018
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
2/07/2018
Legislative Date
2/07/2018
Action
Hearing 2/28 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 2/01/2018 2/01/2018 First Reading Budget and Taxation
Text - First - State Income and Property Tax Credits – Purple Line Construction Zone
Senate 2/07/2018 2/07/2018 Hearing 2/28 at 1:00 p.m.
File Code
Subjects
Statutes
(   10-746 )
Last Updated: 2/3/2020 2:35 PM