HOUSE BILL 307

File Code: Taxes - Income

Sponsored By:

Delegate Conroy

Entitled:

Income Tax - Credit for Retrofitting Home for Individual with Disabilities

Synopsis:

Allowing an individual to claim a State income tax credit for costs incurred to retrofit a residence with accessibility features, as defined, for individuals with disabilities; limiting the credit for any taxable year to 25% of the costs incurred or $500; allowing any unused credit to be applied for 5 succeeding taxable years; and applying the Act to taxable years after 2001.

History by Legislative Date

House Action

1/23

First Reading Ways and Means

2/11

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL

HOME IMPROVEMENT

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-724 )

Documents:

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

Fiscal Note: Not available at this time

Amendments: None offered