SENATE BILL 725

File Code: Taxes - Income Crossfiled with: HOUSE BILL 513

Sponsored By:

Senator Madaleno

Entitled:

Heritage Tax Credit - Expenditures for Work Undertaken Prior to Approval of Plans

Synopsis:

Allowing a tax credit for qualified rehabilitation expenditures for the rehabilitation of a certified heritage structure under specified circumstances, notwithstanding any requirement under any law or regulation that rehabilitation expenditures for work undertaken prior to the approval of rehabilitation plans by the Director of the Maryland Historical Trust are ineligible for the heritage tax credit; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

Senate Action

2/6

First Reading Budget and Taxation

3/2

Hearing 3/16 at 2:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Fees -see also- Devt Fees and Taxes; Reimbursement Rates

Historical Matters

Housing -see also- Apartments; Condominiums; Mobile Homes

Income Tax

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

State Finance and Procurement

( 5A-303 )

Documents:

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

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

Amendments: None offered