Legislation - HB0278

Title: Income Tax - Subtraction Modification - Enhanced Agricultural Management Equipment
Sponsored by: Delegates Bouchat and Fair
Status: In the House - Hearing 1/23 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering a subtraction modification under the Maryland income tax for enhanced agricultural management equipment to include equipment that the Secretary of Agriculture determines by regulation to qualify as enhanced agricultural management equipment; and applying the Act to taxable years beginning after December 31, 2024.

Committees

Original:: Ways and Means

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 10/23/2024 Legislative Date 10/23/2024 Action Pre-filed Proceedings
Chamber House Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Enhanced Agricultural Management Equipment Proceedings
Chamber House Calendar Date 1/09/2025 Legislative Date 1/09/2025 Action Hearing 1/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	10/23/2024	10/23/2024	Pre-filed
House	1/08/2025	1/08/2025	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Enhanced Agricultural Management Equipment
House	1/09/2025	1/09/2025	Hearing 1/23 at 1:00 p.m.

File Code

Subjects

Statutes