Legislation

Title: Heritage Structure Rehabilitation Tax Credit – Commercial Rehabilitations – Affordable Housing
Sponsored by: Delegates A. Washington, Barron, C. Howard, Jackson, and Lierman
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 842
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing an additional 5% tax credit for certain expenditures under the Heritage Structure Rehabilitation Tax Credit for certain commercial rehabilitations that qualify as affordable housing; requiring that the amount of an expired or unclaimed initial credit certificate remain in a certain Reserve Fund and increase the amount of initial credit certificates that the Maryland Historical Trust may issue for the following fiscal year; applying the Act to all taxable years beginning after December 31, 2017; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Details

Cross-filed with: SB0967

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Heritage Structure Rehabilitation Tax Credit - Commercial Rehabilitations - Transferability and Affordable Housing Proceedings
Chamber House Calendar Date 2/12/2018 Legislative Date 2/12/2018 Action Hearing 3/07 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/26/2018 Legislative Date 3/26/2018 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/27/2018 Legislative Date 3/20/2018 Action Favorable with Amendments {395862/1 Adopted Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 3/27/2018 Legislative Date 3/20/2018 Action Second Reading Passed with Amendments Proceedings 54 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Heritage Structure Rehabilitation Tax Credit – Commercial Rehabilitations – Affordable Housing Proceedings
Chamber House Calendar Date 3/28/2018 Legislative Date 3/21/2018 Action Third Reading Passed (109-29) Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2018 Legislative Date 3/26/2018 Action Referred Rules Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2018 Legislative Date 4/05/2018 Action Rereferred to Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/09/2018 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/02/2018 Action Favorable Adopted Proceedings 64 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/02/2018 Action Second Reading Passed Proceedings 64 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2018 Legislative Date 4/03/2018 Action Third Reading Passed (45-0) Proceedings 65 Click to view Recorded Media
Chamber House Calendar Date 4/09/2018 Legislative Date 4/03/2018 Action Returned Passed Proceedings 68 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/26/2018 Legislative Date 5/26/2018 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 842 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Heritage Structure Rehabilitation Tax Credit – Commercial Rehabilitations – Affordable Housing Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/09/2018	2/09/2018	First Reading Ways and Means
			Text - First - Heritage Structure Rehabilitation Tax Credit - Commercial Rehabilitations - Transferability and Affordable Housing
House	2/12/2018	2/12/2018	Hearing 3/07 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/26/2018	3/26/2018	Favorable with Amendments Report by Ways and Means
House	3/27/2018	3/20/2018	Favorable with Amendments {395862/1 Adopted	54 Click to view Recorded Media
House	3/27/2018	3/20/2018	Second Reading Passed with Amendments	54 Click to view Recorded Media
			Text - Third - Heritage Structure Rehabilitation Tax Credit – Commercial Rehabilitations – Affordable Housing
House	3/28/2018	3/21/2018	Third Reading Passed (109-29)	55 Click to view Recorded Media
Senate	3/29/2018	3/26/2018	Referred Rules	57 Click to view Recorded Media
Senate	4/04/2018	4/05/2018	Rereferred to Budget and Taxation
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/09/2018	4/09/2018	Favorable Report by Budget and Taxation
Senate	4/09/2018	4/02/2018	Favorable Adopted	64 Click to view Recorded Media
Senate	4/09/2018	4/02/2018	Second Reading Passed	64 Click to view Recorded Media
Senate	4/09/2018	4/03/2018	Third Reading Passed (45-0)	65 Click to view Recorded Media
House	4/09/2018	4/03/2018	Returned Passed	68 Click to view Recorded Media
Post Passage	5/26/2018	5/26/2018	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 842
			Text - Chapter - Heritage Structure Rehabilitation Tax Credit – Commercial Rehabilitations – Affordable Housing

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