2006 Regular Session

SENATE BILL 266

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 856
Sponsored By:
Senators Garagiola, Brochin, Forehand, Giannetti, Green, Grosfeld, Hollinger, Hughes, Kelley, Klausmeier, Lawlah, McFadden, Ruben, and Teitelbaum
Entitled:
Clean Power Grant Fund - Maryland-Mined Coal Tax Credit

Synopsis:

Establishing the Clean Power Grant Fund; establishing that the purpose of the Fund is to provide grants to specified electric generating facilities for 40% of the costs of acquiring and installing specified emission controls; requiring the Secretary of the Environment to administer the Fund; establishing the composition of the Fund; requiring the Department to adopt regulations for administering the Fund; providing for specified incremental reductions of the Maryland-mined coal tax credit; etc.

History by Legislative Date

Senate Action
1/25
First Reading Budget and Taxation
2/15
Hearing 3/1 at 1:00 p.m.
4/6
Unfavorable Report by Budget and Taxation
House Action
No Action

Sponsored by:

Senator Rob Garagiola, District 15
Senator Jim Brochin, District 42
Senator Jennie M. Forehand, District 17
Senator John A. Giannetti, Jr., District 21
Senator Leo E. Green, District 23
Senator Sharon M. Grosfeld, District 18
Senator Paula C. Hollinger, District 11
Senator Ralph M. Hughes, District 40
Senator Delores G. Kelley, District 10
Senator Katherine Klausmeier, District 8
Senator Gloria Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Ida G. Ruben, District 20
Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

APPROPRIATIONS
COAL
ENVIRONMENT, DEPARTMENT OF
ENVIRONMENTAL MATTERS -see also- CONSERV; NAT RSRCES; POLLUT
GRANTS
INCOME TAX
MINING
POLLUTION -see also- SEDIMENT CONTROL
POWER PLANTS
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
RULES AND REGULATIONS
TAX CREDITS -see also- CIRCUIT BREAKER
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statutes:

Environment
( 2-1001 , 2-1002 , 2-1003 , 2-1004 )
Tax - General
( 8-406 , 10-704.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered