Legislation
- Title
- Income Tax Credit - Food Donations by Qualified Farms - Sunset Repeal and Alterations (Farmers Feeding Families Act)
- Sponsored by
- Delegates Ebersole, Buckel, Cardin, Crutchfield, Hartman, D. Jones, Kaiser, McCaskill, McComas, Palakovich Carr, Pasteur, Patterson, Qi, Attar, Fair, Feldmark, Griffith, Grossman, Henson, Hornberger, Miller, Mireku-North, Vogel, Wells, and Wu
- Status
- Approved by the Governor - Chapter 454
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Repealing certain termination provisions for a tax credit against the State income tax for fresh farm and organic fresh farm food donations; altering the amounts of the tax credit from 50% to 100% of the value of an eligible food donation and from 75% to 100% of the value of the donated certified organic produce a qualified farm is eligible to receive under certain circumstances; applying the Act to all taxable years beginning after December 31, 2022; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2023
History
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Statutes
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(
10-745 )
Last Updated: 6/9/2023 2:35 PM