Legislation

Title: Income Tax Credits – Endowments of Maryland Historically Black Colleges and Universities and Film Production Activity – Establishment and Alterations
Sponsored by: Delegates Mosby, Branch, Walker, Kaiser, D. Barnes, Boteler, Cain, Ebersole, Feldmark, Guyton, Hornberger, Ivey, Long, Luedtke, Palakovich Carr, Patterson, Rose, Shoemaker, Smith, Turner, Washington, and Wilkins
Status: Approved by the Governor - Chapter 544
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Allowing a credit against the State income tax for a certain amount of donations to certain qualified permanent endowment funds at Bowie State University, Coppin State University, Morgan State University, or University of Maryland Eastern Shore; requiring certain taxpayers to add a certain deduction back to federal adjusted gross income to determine Maryland adjusted gross income; limiting the amount of tax credit certificates certified by the Comptroller to no more than $240,000; applying the Act to certain taxable years; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Introduced in a prior session as: HB1665 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/01/2019 Legislative Date 2/01/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Endowments of Maryland Historically Black Colleges and Universities Proceedings
Chamber House Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action Hearing 2/13 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/13/2019 Legislative Date 3/13/2019 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/13/2019 Legislative Date 3/10/2019 Action Favorable with Amendments {305567/1 Adopted Proceedings 45 Click to view Recorded Media
Chamber House Calendar Date 3/13/2019 Legislative Date 3/10/2019 Action Second Reading Passed with Amendments Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax Credit - Endowments of Maryland Historically Black Colleges and Universities Proceedings
Chamber House Calendar Date 3/14/2019 Legislative Date 3/11/2019 Action Third Reading Passed (138-0) Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2019 Legislative Date 3/14/2019 Action Referred Budget and Taxation Proceedings 46AClick to view Recorded Media
Chamber Senate Calendar Date 3/15/2019 Legislative Date 3/15/2019 Action Hearing 3/21 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 3/19/2019 Legislative Date 3/19/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/19/2019 Legislative Date 3/19/2019 Action Hearing 3/21 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2019 Legislative Date 4/05/2019 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/05/2019 Legislative Date 3/30/2019 Action Favorable with Amendments {119231/1 Adopted Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2019 Legislative Date 3/30/2019 Action Second Reading Passed with Amendments Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2019 Legislative Date 3/31/2019 Action Third Reading Passed (46-0) Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/08/2019 Legislative Date 4/01/2019 Action House Concurs Senate Amendments Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/08/2019 Legislative Date 4/01/2019 Action Third Reading Passed (138-0) Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/08/2019 Legislative Date 4/01/2019 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Income Tax Credits – Endowments of Maryland Historically Black Colleges and Universities and Film Production Activity – Establishment and Alterations Proceedings
Chamber Post Passage Calendar Date 5/13/2019 Legislative Date 5/13/2019 Action Approved by the Governor - Chapter 544 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Income Tax Credits – Endowments of Maryland Historically Black Colleges and Universities and Film Production Activity – Establishment and Alterations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/01/2019	2/01/2019	First Reading Ways and Means
			Text - First - Income Tax Credit - Endowments of Maryland Historically Black Colleges and Universities
House	2/04/2019	2/04/2019	Hearing 2/13 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/13/2019	3/13/2019	Favorable with Amendments Report by Ways and Means
House	3/13/2019	3/10/2019	Favorable with Amendments {305567/1 Adopted	45 Click to view Recorded Media
House	3/13/2019	3/10/2019	Second Reading Passed with Amendments	45 Click to view Recorded Media
			Text - Third - Income Tax Credit - Endowments of Maryland Historically Black Colleges and Universities
House	3/14/2019	3/11/2019	Third Reading Passed (138-0)	46 Click to view Recorded Media
Senate	3/14/2019	3/14/2019	Referred Budget and Taxation	46AClick to view Recorded Media
Senate	3/15/2019	3/15/2019	Hearing 3/21 at 2:00 p.m.
Senate	3/19/2019	3/19/2019	Hearing canceled
Senate	3/19/2019	3/19/2019	Hearing 3/21 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/05/2019	4/05/2019	Favorable with Amendments Report by Budget and Taxation
Senate	4/05/2019	3/30/2019	Favorable with Amendments {119231/1 Adopted	62 Click to view Recorded Media
Senate	4/05/2019	3/30/2019	Second Reading Passed with Amendments	62 Click to view Recorded Media
Senate	4/08/2019	3/31/2019	Third Reading Passed (46-0)	63 Click to view Recorded Media
House	4/08/2019	4/01/2019	House Concurs Senate Amendments	67 Click to view Recorded Media
House	4/08/2019	4/01/2019	Third Reading Passed (138-0)	67 Click to view Recorded Media
House	4/08/2019	4/01/2019	Passed Enrolled
			Text - Enrolled - Income Tax Credits – Endowments of Maryland Historically Black Colleges and Universities and Film Production Activity – Establishment and Alterations
Post Passage	5/13/2019	5/13/2019	Approved by the Governor - Chapter 544
			Text - Chapter - Income Tax Credits – Endowments of Maryland Historically Black Colleges and Universities and Film Production Activity – Establishment and Alterations

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