SENATE BILL 294

File Code: Taxes - Income Crossfiled with: HOUSE BILL 532

Sponsored By:

Senator Dyson

Entitled:

Income Tax - Credit for Preservation and Conservation Easements - Refundability

Synopsis:

Repealing a specified limit on the amount of a credit against the Maryland income tax for preservation and conservation easements; making specified tax credits for preservation and conservation easements refundable under specified circumstances; and applying the Act to tax years after 2004.

History by Legislative Date

Senate Action

1/28

First Reading Budget and Taxation

2/23

Hearing 3/11 at 9:30 a.m.

House Action

No Action

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND

CONSERVATION -see also- SOIL CONSERVATION

EASEMENTS

FARMLAND

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-723 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered