HOUSE BILL 856

Sponsored By:

Delegate Ross

Entitled:

Clean Power Grant Fund - Maryland-Mined Coal Tax Credit

Synopsis:

Establishing the Clean Power Grant Fund; establishing that the purpose of the Fund is to provide grants to specified electric generating facilities for 40% of the costs of acquiring and installing specified emission controls; requiring the Secretary of the Environment to administer the Fund; establishing the composition of the Fund; requiring the Department to adopt regulations for administering the Fund; providing for specified incremental reductions of the Maryland-mined coal tax credit; etc.

History by Legislative Date

House Action

2/8

First Reading Economic Matters & Ways and Means

2/10

Hearing 2/21 at 1:00 p.m.

3/25

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

APPROPRIATIONS

COAL

ENVIRONMENT, DEPARTMENT OF

ENVIRONMENTAL MATTERS -see also- CONSERV; NAT RSRCES; POLLUT

GRANTS

INCOME TAX

MINING

POLLUTION -see also- SEDIMENT CONTROL

POWER PLANTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

RULES AND REGULATIONS

TAX CREDITS -see also- CIRCUIT BREAKER

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statutes:

Environment

( 2-1001 , 2-1002 , 2-1003 , 2-1004 )

Tax - General

( 8-406 , 10-704.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered