Search
Bill number does not exist. Enter a vaild keyword.

Legislation


2012 Regular Session

SENATE BILL 757

File Code: Taxes - Income Crossfiled with: HOUSE BILL 1128
Sponsored By:
Senators Young, Colburn, Klausmeier, Mathias, and Montgomery
Entitled:
Income Tax - Tax Credit for Wineries and Vineyards

Synopsis:

Allowing a credit against the State income tax for specified qualified expenditures at specified wineries and specified vineyards; requiring the Maryland Department of Agriculture to administer the tax credit; providing for the maximum amount of tax credits that may be issued by the Department each year; requiring the Comptroller to adopt specified regulations; applying the tax credit to all taxable years beginning after December 31, 2011; defining terms; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Budget and Taxation
2/8
Hearing 3/14 at 1:00 p.m.
3/15
Hearing 3/19 at 2:00 p.m.
House Action
No Action

Sponsored by:

Senator Ronald N. Young, District 3
Senator Richard F. Colburn, District 37
Senator Katherine Klausmeier, District 8
Senator James N. Mathias, Jr., District 38
Senator Karen S. Montgomery, District 14

Bill indexed under the following Subjects:

Agriculture, Department of
Agriculture -see also- Farmland
Alcoholic Beverages -see also- AB-By Subd; Subst Abuse; etc.
Comptroller
Income Tax
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-731 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered