HOUSE BILL 778

File Code: Taxes - Income Crossfiled with: SENATE BILL 298

Sponsored By:

Delegates Rosenberg, Bronrott, Cardin, Guzzone, Morhaim, Pendergrass, and F. Turner

Entitled:

Income Tax Credits for Green Buildings - Additional Credits Authorized

Synopsis:

Altering eligibility requirements for the green building tax credits; allowing an individual or business entity to transfer green building tax credits to another individual or business entity under specified circumstances; authorizing an individual or business entity to whom a green building tax credit is transferred to claim a credit against the Maryland income tax; increasing the maximum annual and aggregate amount of initial credit certificates that the Maryland Energy Administration may issue; defining the term "business entity"; etc.

History by Legislative and Calendar Date

House Action

2/9

First Reading Ways and Means

2/13

Hearing 2/27 at 1:00 p.m.

3/19

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Samuel I. Rosenberg, District 41

Delegate William A. Bronrott, District 16

Delegate Jon S. Cardin, District 11

Delegate Guy Guzzone, District 13

Delegate Dan K. Morhaim, District 11

Delegate Shane E. Pendergrass, District 13

Delegate Frank S. Turner, District 13

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Conservation -see also- Soil Conservation

Construction

Energy Matters -see also- Fuel; Power Plants; Solar Energy

Environmental Matters -see also- Conserv; Nat Resrce; Pollut

Income Tax

Rules and Regulations

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General

( 10-722 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered