HOUSE BILL 1496

File Code: Taxes - Income

Sponsored By:

Chairman, Ways and Means Committee and Chairman, Economic Matters Committee (By Request - Departmental - Energy Administration, Maryland)

Entitled:

Energy - Taxes - Extension and Expansion of Credit for Renewable Energy

Synopsis:

Extending the income tax credit for renewable energy to include electricity generated using a combustible gas made using specified processes from an agricultural operation, landfill, or wastewater treatment plant; extending the credit to cover facilities placed in service on or after January 1, 2004, but before January 1, 2012; and specifying who may take the credit.

History by Legislative Date

House Action

3/3

First Reading House Rules and Executive Nominations

3/11

Re-referred Ways and Means & Economic Matters

3/17

Hearing 3/30 at 1:00 p.m.

4/8

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Chairman, Ways & Means Comm.

Departmental

Chairman, Econ. Matters Comm.

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND

COMPTROLLER

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

ENVIRONMENTAL MATTERS -see also- CONSERV; NAT RSRCES; POLLUT

INCOME TAX

REFUSE DISPOSAL -see also- RECYCLING

RULES AND REGULATIONS

TAX CREDITS -see also- CIRCUIT BREAKER

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Tax - General

( 10-720 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered