2001 Regular Session

HOUSE BILL 646

File Code: Taxes - Income Prior Year Introduction As: HB 661/00 - W&M
Sponsored By:
Delegates Rudolph, Glassman, James, and Bohanan
Entitled:
Income Tax - Gain Recognized on Sale of Preservation or Conservation Easements

Synopsis:

Providing a subtraction modification under the Maryland income tax for gain recognized on the sale or other disposition of a perpetual easement or other perpetual interest in land to specified preservation or conservation programs established by the State or a county; and applying the Act to tax years after 2000.

History by Legislative Date

House Action
2/7
First Reading Ways and Means
2/28
Hearing 3/9 at 1:00 p.m.
3/19
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate David D. Rudolph, District 35B
Delegate John L. Bohanan, Jr., District 29B
Delegate Barry Glassman, District 35A
Delegate Mary-Dulany James, District 34
Bill indexed under the following Subjects:
CONSERVATION -see also- SOIL CONSERVATION
EASEMENTS
ENVIRONMENTAL TRUST
EXEMPTIONS
FARMLAND
INCOME TAX
PROGRAM OPEN SPACE
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-207 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered