SB0371

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Perpetual Conservation Easements

Sponsored by:

Senator Peters

Status:

In the House - Second Reading Passed with Amendments


Synopsis:Providing a subtraction modification under the Maryland income tax for the first $500,000 in proceeds from the sale of a perpetual conservation easement on real property in the State.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Peters, Middleton, Miller, Mathias, and Muse
Additional Facts:Cross-filed with: HB1643
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Conservation -see also- Soil Conservation
Easements
Exemptions
Income Tax
Statutes:Article - Tax - General
(10-207)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 5:08 P.M.