Legislation

Title: Income Tax - Energy Storage Tax Credit - Alterations
Sponsored by: Delegates Reznik, Fraser-Hidalgo, and Korman
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 636
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Defining "taxpayer" as the owner of residential or commercial property who purchases and installs an energy storage system or an individual who owns or pays for the installation of an energy storage system that supplies energy for use on a residential or commercial property; providing a credit against the State income tax for the costs of installing an energy storage system; increasing from $75,000 to $150,000 the maximum tax credit certificate that may be issued for the installation of an energy storage system on certain property; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: SB0775

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber House Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action Hearing 2/21 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Energy Storage Tax Credit - Alterations Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/28/2020 Legislative Date 2/28/2020 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 2/28/2020 Legislative Date 2/28/2020 Action Favorable with Amendments {455963/1 Adopted Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 2/28/2020 Legislative Date 2/28/2020 Action Second Reading Passed with Amendments Proceedings 38 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Energy Storage Tax Credit - Alterations Proceedings
Chamber House Calendar Date 3/03/2020 Legislative Date 3/03/2020 Action Third Reading Passed (108-29) Proceedings 40 Click to view Recorded Media
Chamber Senate Calendar Date 3/04/2020 Legislative Date 3/01/2020 Action Referred Budget and Taxation Proceedings 40 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2020 Legislative Date 3/17/2020 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/14/2020 Action Favorable Adopted Proceedings 53 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/14/2020 Action Second Reading Passed Proceedings 53 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/15/2020 Action Third Reading Passed (45-0) Proceedings 53CClick to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Returned Passed Proceedings 53 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 636 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Income Tax - Energy Storage Tax Credit - Alterations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2020	2/05/2020	First Reading Ways and Means
House	2/05/2020	2/05/2020	Hearing 2/21 at 1:00 p.m.
			Text - First - Income Tax - Energy Storage Tax Credit - Alterations
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	2/28/2020	2/28/2020	Favorable with Amendments Report by Ways and Means
House	2/28/2020	2/28/2020	Favorable with Amendments {455963/1 Adopted	38 Click to view Recorded Media
House	2/28/2020	2/28/2020	Second Reading Passed with Amendments	38 Click to view Recorded Media
			Text - Third - Income Tax - Energy Storage Tax Credit - Alterations
House	3/03/2020	3/03/2020	Third Reading Passed (108-29)	40 Click to view Recorded Media
Senate	3/04/2020	3/01/2020	Referred Budget and Taxation	40 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/17/2020	3/17/2020	Favorable Report by Budget and Taxation
Senate	3/18/2020	3/14/2020	Favorable Adopted	53 Click to view Recorded Media
Senate	3/18/2020	3/14/2020	Second Reading Passed	53 Click to view Recorded Media
Senate	3/18/2020	3/15/2020	Third Reading Passed (45-0)	53CClick to view Recorded Media
House	3/18/2020	3/16/2020	Returned Passed	53 Click to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 636
			Text - Chapter - Income Tax - Energy Storage Tax Credit - Alterations

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