2002 Regular Session

HOUSE BILL 759

CHAPTER NUMBER: 541 File Code: Taxes - Income Crossfiled with: SENATE BILL 496
Sponsored By:
Delegates Hixson, Howard, Healey, Bozman, and C. Davis
Entitled:
Maryland Heritage Structure Rehabilitation Tax Credit

Synopsis:

Limiting the qualifying expenditures under the Maryland Heritage Structure Rehabilitation Tax Credit allowed for a rehabilitation to the amount of estimated expenditures as stated in the application for approval of a plan of proposed rehabilitation; limiting the amount of State tax credit allowed for any rehabilitation to $3,000,000; altering the calculation of the credit; providing for the termination of the credit as of June 1, 2004; etc.

History by Legislative Date

House Action
2/6
First Reading Ways and Means
Hearing 2/27 at 1:00 p.m.
3/23
Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (95-33)
4/5
House Concur - Senate Amendments
Third Reading Passed (104-33)
Passed Enrolled
5/16
Signed by the Governor Chapter 541
Senate Action
3/26
First Reading Budget and Taxation
4/2
Favorable with Amendments Report by Budget and Taxation
3/31
Favorable with Amendments
Committee Amendment (#1-2) Withdrawn
Committee Amendment (#3-6) Adopted
Substitute Committee Amendment (#1-2) (Budget and Taxation) Adopted
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed with Amendments (44-0)
Sponsored by:
Delegate Sheila E. Hixson, District 20
Delegate K. Bennett Bozman, District 38
Delegate Clarence Davis, District 45
Delegate Anne Healey, District 22A
Delegate Carolyn J. B. Howard, District 24
Bill indexed under the following Subjects:
ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT
BILLS (LEGISLATIVE) -see also- CORRECTIVE LEG; CURATIVE LEG.
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMMERCIAL REHABILITATION
COMPTROLLER
CONSERVATION -see also- SOIL CONSERVATION
HISTORICAL MATTERS
INCOME TAX
INTERSTATE AFFAIRS
LEGISLATIVE SERVICES, DEPARTMENT OF
NONPROFIT ORGANIZATIONS
NOTICES
REPORTS
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Article - 83B Department of Housing and Community Development
( 5-801 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 645362/1 (PDF)     Offered on: March 23, 2002   at: 3:26 p.m.     Status: Adopted
Senate
Number: 179331/1 (PDF)     Offered on: April 2, 2002   at: 8:04 p.m.     Status: Adopted
Number: 839037/1 (PDF)     Offered on: April 2, 2002   at: 7:58 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 24, 2002: Third Reading Passed (95-33)
April 5, 2002: Third Reading Passed (104-33)
Senate
April 1, 2002: Third Reading Passed (44-0)