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Withdrawn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