Legislation

Title: Income Tax - Addition Modification - Interest for and Depreciation of Residential Rental Property
Sponsored by: Senator Augustine
Status: In the Senate - Hearing 2/28 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Providing, under certain circumstances, an addition modification under the Maryland income tax for interest paid or accrued by a certain disqualified single-family property owner in connection with certain single-family residential real property and for any amount deducted by a disqualified single-family property owner for the depreciation of certain single-family residential real property; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/06/2024 Legislative Date 2/06/2024 Action Hearing 2/28 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Addition Modification - Interest for and Depreciation of Residential Rental Property Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/02/2024	2/02/2024	First Reading Budget and Taxation
Senate	2/06/2024	2/06/2024	Hearing 2/28 at 1:00 p.m.
			Text - First - Income Tax - Addition Modification - Interest for and Depreciation of Residential Rental Property

File Code

Subjects

Statutes