File Code: Taxes - Income
- Sponsored By:
-
Delegates Shank, Donoghue, Hecht, K. Kelly, Stull, McKee,
Bartlett, Snodgrass, Edwards, and Elliott
- Entitled:
-
Income Tax - Gain Recognized on Sale of Preservation or Conservation
Easements
Providing an income tax subtraction modification for gain recognized
on the sale or other disposition of a preservation or conservation
easement or other interest in agricultural land to the Rural Legacy
Program, the Maryland Environmental Trust, the Maryland Agricultural
Land Preservation Foundation, an agricultural land preservation
program or transferable development rights program established by a
county, or the Maryland Historical Trust; and applying the Act to tax
years after 1999.
House Action
- 2/10
- First Reading Ways and Means
- 2/23
- Hearing 3/9 at 1:00 p.m.
- 3/17
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Christopher B. Shank, District 2B
- Delegate Joseph R. Bartlett, District 3
- Delegate John P. Donoghue, District 2C
- Delegate George C. Edwards, District 1A
- Delegate Donald B. Elliott, District 4B
- Delegate C. Sue Hecht, District 3
- Delegate Kevin Kelly, District 1B
- Delegate Robert A. McKee, District 2A
- Delegate Louise V. Snodgrass, District 3
- Delegate Paul S. Stull, District 4A
- Bill indexed under the following Subjects:
- CONSERVATION -see also- SOIL CONSERVATION
- EASEMENTS
- ENVIRONMENTAL TRUST
- EXEMPTIONS
- FARMLAND
- HISTORICAL MATTERS
- INCOME TAX
- REAL PROPERTY
- Bill affects the following Statutes:
- Tax - General
- (
10-207 ,
10-207
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
