Legislation

Title: Sustainable Communities Tax Credit - Residential Units for Lower-Income Individuals
Sponsored by: Delegate Haynes
Status: In the House - Hearing 1/27 at 2:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing that a rehabilitation with at least 30 residential rental units is ineligible for the Maryland Sustainable Communities Tax Credit unless the individual or business entity seeking the certification agrees to set aside at least 10% of the residential rental units as housing for households whose median income does not exceed 60% of the area median income; and applying the Act to initial credit certificates issued on or after July 1, 2016.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Introduced in a prior session as: HB0500 Session: 2015 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 12/16/2015 Legislative Date 8/20/2015 Action Pre-filed Proceedings
Chamber House Calendar Date 12/16/2015 Legislative Date 1/13/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/07/2016 Legislative Date 1/07/2016 Action Hearing 1/20 at 2:00 p.m. Proceedings
Chamber House Calendar Date 1/18/2016 Legislative Date 1/18/2016 Action Hearing cancelled Proceedings
Chamber House Calendar Date 1/19/2016 Legislative Date 1/19/2016 Action Hearing 1/27 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	12/16/2015	8/20/2015	Pre-filed
House	12/16/2015	1/13/2016	First Reading Ways and Means
House	1/07/2016	1/07/2016	Hearing 1/20 at 2:00 p.m.
House	1/18/2016	1/18/2016	Hearing cancelled
House	1/19/2016	1/19/2016	Hearing 1/27 at 2:00 p.m.

Documents

Date Posted	Document Name
12/17/2015	Text - First - Sustainable Communities Tax Credit - Residential Units for Lower-Income Individuals

File Code

Subjects

Statutes