2005 Regular Session

HOUSE BILL 1379

File Code: Taxes - Income
Sponsored By:
Chairman, Ways and Means Committee (By Request - Departmental - Energy Administration, Maryland)
Entitled:
Energy - Taxes - Extension and Expansion of Credit for Renewable Energy

Synopsis:

Broadening the scope of energy resources that are defined as "qualified energy resources" for purposes of a tax credit allowed for energy produced from qualified energy resources; requiring energy-producing facilities claiming the tax credit to be originally placed in service or initially begin production between specified dates; allowing specified tax credits earned by an individual or corporation to be refundable; etc.

History by Legislative Date

House Action
2/16
First Reading House Rules and Executive Nominations
3/3
Re-referred Ways and Means
3/9
Hearing 3/24 at 1:00 p.m.
3/22
Hearing cancelled
4/11
Withdrawn
Senate Action
No Action

Sponsored by:

Ways & Means Comm., Chairman
Departmental
Energy Administration, MD

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND
ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
FEDERAL GOVERNMENT
INCOME TAX
POWER PLANTS
REFUSE DISPOSAL -see also- RECYCLING
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 (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note: Not available at this time
Amendments: None offered