2004 Regular Session

HOUSE BILL 849

File Code: Taxes - Income Prior Year Introduction As: HB 1084/03 - W&M
Sponsored By:
Delegates Gordon, Hixson, Goodwin, Healey, Heller, Kaiser, and Ross
Entitled:
Tax Incentives and Benefits - Credits and Subtraction Modifications

Synopsis:

Repealing specified credits allowed against specified State taxes; altering specified tax benefits provided under law by converting specified credits allowed against income tax liability to income tax subtraction modifications in specified amounts under specified circumstances for purposes of determining Maryland taxable income; providing that the Act does not affect tax credits claimed on or after July 1, 2004, by a person qualifying for the credit before July 1, 2004; and applying the Act to tax years after 2003.

History by Legislative Date

House Action
2/9
First Reading Ways and Means
2/25
Hearing 3/10 at 1:00 p.m.
Senate Action
No Action
Sponsored by:
Delegate Michael R. Gordon, District 17
Delegate Marshall T. Goodwin, District 40
Delegate Anne Healey, District 22
Delegate Henry B. Heller, District 19
Delegate Sheila E. Hixson, District 20
Delegate Anne R. Kaiser, District 14
Delegate Justin D. Ross, District 22
Bill indexed under the following Subjects:
AGRICULTURE -see also- FARMLAND
AQUACULTURE
COAL
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
COMMERCIAL REHABILITATION
COMMUTERS -see also- CAR POOLS
CONSERVATION -see also- SOIL CONSERVATION
DAY CARE
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
EASEMENTS
EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
ENTERPRISE ZONES
EXEMPTIONS
EX-OFFENDERS
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
FRANCHISES
GIFTS
HEALTH INSURANCE -see also- HMOS; MANAGED CARE ORGANIZATIONS
HISTORICAL MATTERS
INCOME TAX
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
LONG TERM CARE -see also- CONTINUING CARE; NURSING HOMES
NONPROFIT ORGANIZATIONS
OYSTERS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
SOLAR ENERGY
STUDENTS
TAX CREDITS -see also- CIRCUIT BREAKER
TEACHERS
TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc
TUITION
URBAN RENEWAL -see also- COMMERCIAL REHABILITATION
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc
Bill affects the following Statutes:
Article - 83A Department of Business and Economic Development
( 5-404 , 5-1101 , 5-1102 , 5-1103 , 5-1501 , 5-1501 , 5-1501 )
Article - 83B Department of Housing and Community Development
( 4-701 , 4-704 , 4-705 )
Article - 88A Department of Human Resources
( 54 )
Education
( 21-309 , 21-501 )
Environment
( 2-901 , 2-901 )
Insurance
( 6-105 , 6-114 )
Labor and Employment
( 11-702 , 11-704 , 11-705 )
Tax - General
( 8-213 , 8-406 , 8-410 , 8-415 , 8-416 , 10-205 , 10-205 , 10-208 , 10-218 , 10-226 , 10-226 , 10-227 , 10-227 , 10-228 , 10-229 , 10-230 , 10-231 , 10-232 , 10-233 , 10-234 , 10-235 , 10-236 , 10-237 , 10-238 , 10-239 , 10-240 , 10-241 , 10-241 , 10-242 , 10-242 , 10-243 , 10-243 , 10-244 , 10-245 , 10-246 , 10-306 , 10-306 , 10-308 , 10-702 , 10-704.1 , 10-704.10 , 10-704.3 , 10-704.4 , 10-704.5 , 10-704.6 , 10-704.7 , 10-704.8 , 10-704.9 , 10-707 , 10-710 , 10-711 , 10-714 , 10-715 , 10-717 , 10-809 , 10-812 )
Tax - Property
( 9-230 , 9-230 )

Documents:

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