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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Income Tax – Calculation of Taxable Income – Investments in Sustainable Materials Management Projects
Sponsored by
Senators Hester and Edwards
Status
In the Senate - Hearing 3/10 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the Maryland income tax for certain capital gains invested in or realized from a certain sustainable materials management project under certain circumstances; and requiring certain taxpayers to add certain capital gains previously excluded from income to determine Maryland adjusted gross income or Maryland modified income under certain circumstances.
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2022
Legislation History
Chamber
Senate
Calendar Date
2/07/2022
Legislative Date
2/07/2022
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
2/10/2022
Legislative Date
2/10/2022
Action
Hearing 3/10 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 2/07/2022 2/07/2022 First Reading Budget and Taxation
Text - First - Income Tax – Calculation of Taxable Income – Investments in Sustainable Materials Management Projects
Senate 2/10/2022 2/10/2022 Hearing 3/10 at 1:00 p.m.
(   10-205, 10-207, 10-208, 10-306, 10-307, 10-308 )
Last Updated: 7/8/2022 3:06 PM
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