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2012 Regular Session


File Code: Real Property Prior Year Introduction As: HB 785/11 - W&M
Sponsored By:
Delegate Haynes
Sustainable Communities Tax Credit - Residential Units for Lower-Income Individuals


Providing that a rehabilitation with at least 30 residential rental units is ineligible for the Maryland Sustainable Communities Tax Credit unless the individual or business entity seeking the certification agrees to set aside at least 10% of the residential rental units as housing for households whose median income does not exceed 60% of the area median income; applying the Act to initial credit certificates issued on or after July 1, 2012; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
First Reading Ways and Means
Hearing 3/9 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Historical Matters
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Real Property
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

State Finance and Procurement
( 5A-303 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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