HOUSE BILL 1423

File Code: Taxes - Income Prior Year Introduction As: HB 532/05 - W&M

Sponsored By:

Delegate James

Entitled:

Income Tax - Credit for Preservation and Conservation Easements - Refundability

Synopsis:

Repealing a specified limitation 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 2005.

History by Legislative Date

House Action

2/10

First Reading Ways and Means

2/22

Hearing 3/10 at 1:30 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

AGRICULTURE -see also- FARMLAND

CONSERVATION -see also- SOIL CONSERVATION

EASEMENTS

FARMLAND

HISTORICAL MATTERS

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