Legislation

Title: Income Tax - Subtraction Modification - Perpetual Conservation Easements
Sponsored by: Senators Peters, Middleton, and Miller
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Providing a subtraction modification under the Maryland income tax for the first $250,000 in proceeds from the sale of a perpetual conservation easement on real property in the State; and applying the Act to all taxable years beginning after December 31, 2017.

Committees

Original:: Budget and Taxation

Details

Introduced in a prior session as: SB0254 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 2/05/2018 Legislative Date 2/05/2018 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/07/2018 Legislative Date 2/07/2018 Action Hearing 3/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Perpetual Conservation Easements Proceedings
Chamber Senate Calendar Date 3/12/2018 Legislative Date 3/12/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/12/2018 Legislative Date 3/12/2018 Action Hearing 3/14 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 3/15/2018 Legislative Date 3/15/2018 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/05/2018	2/05/2018	First Reading Budget and Taxation
Senate	2/07/2018	2/07/2018	Hearing 3/14 at 1:00 p.m.
			Text - First - Income Tax - Subtraction Modification - Perpetual Conservation Easements
Senate	3/12/2018	3/12/2018	Hearing canceled
Senate	3/12/2018	3/12/2018	Hearing 3/14 at 2:00 p.m.
Senate	3/15/2018	3/15/2018	Withdrawn by Sponsor

File Code

Subjects

Statutes