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Legislation


2006 Regular Session

HOUSE BILL 723

File Code: Taxes - Income
Sponsored By:
Delegates Hixson, Bozman, C. Davis, Gordon, Healey, Howard, Marriott, and Patterson
Entitled:
Qualified Maryland Housing Tax Credit

Synopsis:

Allowing a credit against the State income tax for specified qualified Maryland housing in specified areas; providing for allocation of the aggregate available credit among qualified Maryland housing projects by the Secretary of Housing and Community Development; limiting the aggregate credit available to be allocated for any fiscal year; establishing the Qualified Maryland Housing Tax Credit Reserve Fund; applying the Act to tax years beginning after 2006; etc.

History by Legislative Date

House Action
2/6
First Reading Ways and Means
2/22
Hearing 3/15 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20
Delegate K. Bennett Bozman, District 38B
Delegate Clarence Davis, District 45
Delegate Michael R. Gordon, District 17
Delegate Anne Healey, District 22
Delegate Carolyn J. B. Howard, District 24
Delegate Salima Siler Marriott, District 40
Delegate Obie Patterson, District 26

Bill indexed under the following Subjects:

APPROPRIATIONS
COMPTROLLER
HOUSING AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
INCOME TAX
LAND RECORDS -see also- DEEDS
RULES AND REGULATIONS
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Housing and Community Development
( 4-1801 , 4-1802 , 4-1803 , 4-1804 )
Tax - General
( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
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