Legislation

Allowing a credit against the State income tax for the total installed costs paid or incurred by a taxpayer that installs an energy storage system and who obtains a tax credit certificate from the Maryland Energy Administration; requiring the Administration to issue tax credits not to exceed specified amounts; prohibiting the Administration from issuing an aggregate amount of tax credit certificates exceeding $750,000 in a taxable year; applying the Act to all taxable years beginning after December 31, 2017; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Details

Cross-filed with: SB0758

Introduced in a prior session as: HB0386 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber House Calendar Date 1/27/2017 Legislative Date 1/27/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Energy Storage Systems Proceedings
Chamber House Calendar Date 2/03/2017 Legislative Date 2/03/2017 Action Hearing 2/23 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 4/08/2017 Legislative Date 4/08/2017 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Favorable with Amendments {825669/1 Adopted Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Second Reading Passed with Amendments Proceedings 66 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax Credit - Energy Storage Systems Proceedings
Chamber House Calendar Date 4/10/2017 Legislative Date 4/02/2017 Action Third Reading Passed (137-3) Proceedings 67 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2017 Legislative Date 4/02/2017 Action Referred Rules Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2017 Legislative Date 4/10/2017 Action Rereferred to Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/27/2017	1/27/2017	First Reading Ways and Means
			Text - First - Income Tax Credit - Energy Storage Systems
House	2/03/2017	2/03/2017	Hearing 2/23 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/08/2017	4/08/2017	Favorable with Amendments Report by Ways and Means
House	4/08/2017	4/01/2017	Favorable with Amendments {825669/1 Adopted	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Second Reading Passed with Amendments	66 Click to view Recorded Media
			Text - Third - Income Tax Credit - Energy Storage Systems
House	4/10/2017	4/02/2017	Third Reading Passed (137-3)	67 Click to view Recorded Media
Senate	4/10/2017	4/02/2017	Referred Rules	62 Click to view Recorded Media
Senate	4/10/2017	4/10/2017	Rereferred to Budget and Taxation

File Code

Subjects

Statutes