Legislation

Allowing a credit against the State income tax for certain qualified expenses paid or incurred by a taxpayer for the installation of certain mechanical insulation in a certain manner on a certain property and for which the taxpayer obtains a tax credit certificate from the Maryland Energy Administration; prohibiting the Administration from issuing tax credit certificates for credit amounts in aggregate totaling more than $5,000,000; requiring that the tax credits be issued on a first-come, first-served basis; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0982

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Mechanical Insulation Installation Tax Credit Proceedings
Chamber Senate Calendar Date 2/19/2021 Legislative Date 2/19/2021 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/19/2021 Legislative Date 2/19/2021 Action Hearing 2/24 at 12:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/05/2021	2/05/2021	First Reading Budget and Taxation
Senate	2/05/2021	2/05/2021	Hearing 2/24 at 1:00 p.m.
			Text - First - Income Tax - Mechanical Insulation Installation Tax Credit
Senate	2/19/2021	2/19/2021	Hearing canceled
Senate	2/19/2021	2/19/2021	Hearing 2/24 at 12:00 p.m.

File Code

Subjects

Statutes