Passed BothConf. Cmte
- State Income and Property Tax Credits - Purple Line Construction Zone
- Sponsored by
- Delegates Washington, B. Barnes, Charles, W. Fisher, Ivey, and Wilkins
- In the House - Hearing 2/12 at 1:00 p.m.
- Fiscal and Policy Note
Allowing certain businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation, in consultation with the Comptroller, to determine the amount of the income tax credit; requiring the Department to certify a business entity as a qualified business if the business entity can establish loss of business income at a property in the area impacted by the construction; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2019
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Last Updated: 2/3/2020 2:30 PM