Legislation

Title: State Income and Property Tax Credits - Purple Line Construction Zone
Sponsored by: Senator Smith
Status: In the Senate - Hearing 2/26 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing certain qualified businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation to determine the eligible amount of the income tax credit; making the income tax credit refundable; requiring the Department to administer the income tax credit; requiring the Department to make determinations and implement processes relevant to certifying qualified businesses; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0540

Bill File Type: Regular

Effective Date(s): June 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Income and Property Tax Credits - Purple Line Construction Zone Proceedings
Chamber Senate Calendar Date 2/06/2020 Legislative Date 2/06/2020 Action Hearing 2/26 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2020	2/03/2020	First Reading Budget and Taxation
			Text - First - State Income and Property Tax Credits - Purple Line Construction Zone
Senate	2/06/2020	2/06/2020	Hearing 2/26 at 2:00 p.m.
Senate	2/10/2020	2/10/2020	Hearing canceled
Senate	2/10/2020	2/10/2020	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes