Legislation

Title: Income Tax Credit - Preservation and Conservation Easements - Credit Transfer
Sponsored by: Senator Jennings
Status: In the Senate - Hearing 4/04 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a grantor of certain preservation and conservation easements to transfer a tax credit allowed against the State income tax for the conveyance of the easements under certain circumstances; requiring the Maryland Environmental Trust to issue certain tax credit certificates; authorizing the holder of the certificate to transfer the certificate; authorizing the Comptroller to assess a certain fee on the transferee of a certificate; applying the Act to all taxable years beginning after December 31, 2017; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 3/02/2018 Legislative Date 3/02/2018 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Preservation and Conservation Easements - Credit Transfer Proceedings
Chamber Senate Calendar Date 4/02/2018 Legislative Date 4/02/2018 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/03/2018 Legislative Date 4/03/2018 Action Hearing 4/04 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	3/02/2018	3/02/2018	First Reading Senate Rules
			Text - First - Income Tax Credit - Preservation and Conservation Easements - Credit Transfer
Senate	4/02/2018	4/02/2018	Rereferred to Budget and Taxation
Senate	4/03/2018	4/03/2018	Hearing 4/04 at 1:00 p.m.

File Code

Subjects

Statutes