Bill number does not exist. Enter a vaild keyword.

Legislation


2002 Regular Session

HOUSE BILL 698

File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 888/01 - W&M Crossfiled with: SENATE BILL 770
Sponsored By:
Delegates Shriver, Benson, C. Davis, Bronrott, Dembrow, Cryor, Menes, Fulton, Marriott, Kirk, Leopold, Petzold, Carlson, Cadden, Rosenberg, McKee, Riley, Dypski, Phillips, Glassman, Sophocleus, Cane, Franchot, DeCarlo, Turner, V. Jones, Hurson, Swain, A. Jones, and Eckardt
Entitled:
Qualified Maryland Housing Tax Credit

Synopsis:

Allowing a credit against the State insurance premiums tax or the State income tax for specified Maryland housing; providing for allocation of the aggregate available credit among qualified Maryland housing projects by the Secretary of Housing and Community Development; limiting the aggregate credit that may be authorized for any calendar year; requiring the Department to approve a prorated credit if the total amount applied for exceeds the maximum that may be approved; applying the Act to tax years after 2002; etc.

History by Legislative Date

House Action
2/6
First Reading Ways and Means
2/20
Hearing 3/11 at 2:00 p.m.
3/23
Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (138-0)
Senate Action
3/26
First Reading Budget and Taxation
Hearing 3/29 at 1:30 p.m.
4/5
Unfavorable Report by Budget and Taxation
Sponsored by:
Delegate Mark K. Shriver, District 15
Delegate Joanne C. Benson, District 24
Delegate William A. Bronrott, District 16
Delegate Joan Cadden, District 31
Delegate Rudolph C. Cane, District 37A
Delegate Paul H. Carlson, District 39
Delegate Jean B. Cryor, District 15
Delegate Clarence Davis, District 45
Delegate Diane DeCarlo, District 6
Delegate Dana Lee Dembrow, District 20
Delegate Cornell N. Dypski, District 46
Delegate Adelaide C. Eckardt, District 37B
Delegate Peter Franchot, District 20
Delegate Tony E. Fulton, District 40
Delegate Barry Glassman, District 35A
Delegate John A. Hurson, District 18
Delegate Adrienne A. Jones, District 10
Delegate Verna L. Jones, District 44
Delegate Ruth M. Kirk, District 44
Delegate John R. Leopold, District 31
Delegate Salima Siler Marriott, District 40
Delegate Robert A. McKee, District 2A
Delegate Pauline H. Menes, District 21
Delegate Carol S. Petzold, District 19
Delegate Wendell F. Phillips, District 41
Delegate B. Daniel Riley, District 34
Delegate Samuel I. Rosenberg, District 42
Delegate Theodore Sophocleus, District 32
Delegate Darren M. Swain, District 24
Delegate Frank S. Turner, District 13A
Bill indexed under the following Subjects:
HOUSING AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
INCOME TAX
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
Article - 83B Department of Housing and Community Development
( 2-1601 , 2-1602 , 2-1603 , 2-1604 , 2-1605 )
Insurance
( 6-121 )
Tax - General
( 10-724 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 365066/1 (PDF)     Offered on: March 23, 2002   at: 11:53 a.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
House
March 24, 2002: Third Reading Passed (138-0)
Click to return on the top page