SB0759 (CH0578)

Find a 2016 Bill:

2016 Regular Session



Heritage Structure Rehabilitation Tax Credit - Alteration and Extension

Sponsored by:

Senator Madaleno


Approved by the Governor - Chapter 578

Synopsis:Repealing the requirement, for purposes of a specified tax credit, that specified projects must be located in a sustainable community; requiring the Director of the Maryland Historical Trust to adopt regulations that establish specified procedures to announce to the public the selection of a commercial rehabilitation project for an award of an initial credit certificate not later than 60 days after the selection is made; extending the termination of the sustainable communities tax credit from July 1, 2017, to July 1, 2022; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Madaleno (By Request - Tax Credit Evaluation Committee) and Senator Peters
Additional Facts:Cross-filed with: HB0939
Bill File Type: Regular
Effective Date(s): June 1, 2016
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commercial Rehabilitation -see also- Urban Renewal
Community Development
Counties -see also- Chartered Counties; Code Counties
Federal Government
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Historical Matters
Loans -see also- Mortgages
Municipal Corporations -see also- Annap; Balt; Hager; OC
Public Information
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Statutes:Article - State Finance and Procurement

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 5:10 P.M.