2013 Regular Session



Build Maryland Tax Credit Act

Sponsored by:

Delegate McHale


In the House - Hearing 3/15 at 1:00 p.m.

Synopsis:Allowing individuals and corporations to claim a credit against the State income tax for specified commercial real estate investment expenses; authorizing the Department of Business and Economic Development to issue a specified amount of credit certificates each fiscal year; providing for the total amount of credit certificates that may be issued; establishing the Infrastructure Investment Income Tax Credit Reserve Fund as a special, nonlapsing fund; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate McHale
Additional Facts:Cross-filed with: SB0138
Bill File Type: Regular
Effective Date(s): July 1, 2013
Bill imposes a mandated appropriation in the annual State Budget Bill
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Appropriations
Business and Economic Development, Department of
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Real Estate -see also- Agents and Brokers
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General
(10-204, 10-305, 10-733)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 1:06 P.M.