Legislation
- Title
- Energy Storage Systems - Income Tax Credit and Grant Program
- Sponsored by
- Chair, Budget and Taxation Committee (By Request - Departmental - Maryland Energy Administration)
- Status
- Approved by the Governor - Chapter 246
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering from December 31, 2022, to December 31, 2024, the date by which an energy storage system is required to be installed for purposes of eligibility for a certain credit against the State income tax for the costs of installing an energy storage system; establishing the Energy Storage System Grant Program in the Maryland Energy Administration to provide grants to certain applicants for the purchase and installation of energy storage systems; establishing the Energy Storage System Grant Fund as a special, nonlapsing fund; etc.
Committees
- Opposite:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2022, July 1, 2024, July 1, 2025
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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(
9-2010 )
(
10-719 )
Last Updated: 7/8/2022 2:50 PM