HOUSE BILL 1318

File Code: Taxes - Income

Sponsored By:

Delegate D'Amato

Entitled:

Income Tax - Subtraction Modification for Payments to Forest Conservation Fund

Synopsis:

Providing an income tax subtraction modification for amounts required to be paid to the Forest Conservation Fund or a local forest conservation fund for activities conducted for the purpose of constructing a dwelling house intended for the use of the owner or a child or grandchild of the owner; providing an addition modification for refunds from a forest conservation fund to the extent a subtraction modification has been claimed for payments to the fund; applying the Act to tax years after 2000; etc.

History by Legislative Date

House Action

2/16

First Reading House Rules and Executive Nominations

2/26

Re-referred Ways and Means

3/7

Hearing 3/20 at 1:00 p.m.

3/21

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

CONSERVATION -see also- SOIL CONSERVATION

CONSTRUCTION

EXEMPTIONS

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

INCOME TAX

TREES

Bill affects the following Statutes:

Tax - General

( 10-205 , 10-208 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered