File Code: Taxes - Income
- Sponsored By:
-
Senators Frosh, Britt, Conway, Dyson, Green, Grosfeld, Kelley,
Pinsky, and Teitelbaum
- Entitled:
-
Windfall Oil Profits Tax - Energy-Saving Investment Program
Imposing a 50% tax on the specified excess profits of specified
corporations engaged in the business of producing, refining,
distributing, or marketing petroleum products; establishing an
Energy-Saving Investment Program administered by the Maryland Energy
Administration and consisting of energy efficiency programs; providing
for distribution of the revenues from the windfall oil profits tax to
a special fund to be used for the Energy-Saving Investment Program;
etc.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 3/1
- Hearing 3/14 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Brian E. Frosh, District 16
- Senator Gwendolyn Britt, District 47
- Senator Joan Carter Conway, District 43
- Senator Roy P. Dyson, District 29
- Senator Leo E. Green, District 23
- Senator Sharon M. Grosfeld, District 18
- Senator Delores G. Kelley, District 10
- Senator Paul G. Pinsky, District 22
- Senator Leonard H. Teitelbaum, District 19
Bill indexed under the following Subjects:
- ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT
- COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
- FUEL -see also- COAL
- INCOME TAX
- REPORTS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- RULES AND REGULATIONS
- SUNSET
- UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
Bill affects the following Statutes:
- Public Utility Companies
- (
7-801 ,
7-802 ,
7-803 ,
7-804 ,
7-805 ,
7-806 ,
7-807 ,
7-808
)
- Tax - General
- (
1-615 ,
2-613.1 ,
2-614 ,
10-101 ,
10-102.2
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered