File Code: Income
Crossfiled with: SENATE BILL 204
- Sponsored By:
-
Delegates McHale and T. Murphy
- Entitled:
-
State Income Tax - Credit for Federal Harbor Maintenance Tax Paid
Allowing an individual or a corporation a credit against the State
income tax for harbor maintenance tax paid to the federal government
during the taxable year with respect to the shipment of break-bulk
cargo or containerized cargo by sea and ocean-going vessels through a
port located in the State; providing for the carryforward of unused
credit if the amount of the credit exceeds the State income tax;
defining terms; and applying the Act to tax years after 1996.
House Action
- 1/23
- First Reading Ways and Means
- 1/29
- Hearing 2/13 at 1:00 p.m.
- 2/24
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Brian K. McHale, District 47A
- Delegate Timothy D. Murphy, District 47A
- Bill indexed under the following Subjects:
- FEDERAL GOVERNMENT
- INCOME TAX
- PORTS
- REVENUE AND TAXES -see also specific taxes -
- TAX CREDITS
- Bill affects the following Statute:
- Tax - General
- (
10-708
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
