File Code: Taxes - Income
- Sponsored By:
-
Senator Gladden
- Entitled:
-
State Income Tax - Credit for Release of Ground Rent
Allowing a credit against the State income tax for an individual or
corporation holding a reversionary interest in a ground lease on
residential real property as a landlord who releases a ground rent in
accordance with the Act; requiring a landlord of property subject to a
ground lease to provide a tenant, without the payment of consideration
by the tenant, with a deed of redemption of ground rent and the
original deed establishing the ground lease in order to claim a
credit; etc.
Senate Action
- 2/21
- First Reading Senate Rules
- 3/2
- Re-referred Budget and Taxation
- Hearing 3/22 at 1:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- Comptroller
- Deeds
- Income Tax
- Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
- Leases and Rent
- Real Property
- Rules and Regulations
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
10-726
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered