Legislation

Title: Income Tax - Subtraction Modification - Perpetual Conservation Easements
Sponsored by: Delegates Jackson, Proctor, and Vallario
Status: In the House - First Reading House Rules and Executive Nominations
Analysis

Synopsis

Providing a subtraction modification under the Maryland income tax for the first $500,000 in proceeds from the sale of a perpetual conservation easement on real property in the State; and applying the Act to all taxable years beginning after December 31, 2015.

Committees

Original:: Rules and Executive Nominations

Details

Cross-filed with: SB0371

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 3/16/2016 Legislative Date 3/13/2016 Action First Reading House Rules and Executive Nominations Proceedings
Chamber House Calendar Date 3/16/2016 Legislative Date 3/13/2016 Action Motion Rules Suspended for late introduction (Delegate Jackson) Adopted (134-2) Proceedings 45
Chamber House Calendar Date 3/16/2016 Legislative Date 3/13/2016 Action Referred House Rules and Executive Nominations Proceedings 45

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	3/16/2016	3/13/2016	First Reading House Rules and Executive Nominations
House	3/16/2016	3/13/2016	Motion Rules Suspended for late introduction (Delegate Jackson) Adopted (134-2)	45
House	3/16/2016	3/13/2016	Referred House Rules and Executive Nominations	45

Documents

Date Posted	Document Name
3/16/2016	Text - First - Income Tax - Subtraction Modification - Perpetual Conservation Easements
3/13/2016	Vote - House Floor - Motion Rules Suspended for late introduction (Jackson) Adopted (134-2) - 03/13/16

File Code

Subjects

Statutes