SENATE BILL 650

File Code: Taxes - Income

Sponsored By:

Senator Roesser

Entitled:

Income Tax Credit - Energy-Efficient Homes

Synopsis:

Allowing a credit against the State income tax for an individual who purchases a certified energy-efficient new home; providing for calculation of the amount of the credit; providing for the carryover of unused credit; providing for the issuance of credit eligibility certifications; limiting the annual aggregate number of eligibility certificates; and requiring the Maryland Energy Administration to adopt regulations.

History by Legislative Date

Senate Action

2/2

First Reading Budget and Taxation

2/14

Hearing 3/7 at 1:30 p.m.

3/22

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT

CONSERVATION -see also- SOIL CONSERVATION

CONTRACTORS -see also- HEATING & COOLING; HOME IMPROVEMENT

ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY

FORMS

HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES

INCOME TAX

RULES AND REGULATIONS

SUNSET

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-722 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered