File Code: Taxes - Income
- Sponsored By:
-
Delegates Rudolph, Boutin, W. Baker, Bohanan, Stull, D'Amato,
Hecht, Bozman, James, Glassman,
Hixson, Shank, Finifter, Phillips, Cryor, McKee, Rosso, Bartlett,
Carlson, and Shriver
- Entitled:
-
Income Tax -
Preservation and Conservation
Easements
Allowing a credit against the State income tax for specified donations
of land or an interest in land to the Maryland Environmental Trust;
providing a subtraction modification under the Maryland income tax for
gain recognized on the sale or other disposition of an easement or
other interest in agricultural land to the Maryland Agricultural Land
Preservation Foundation; requiring that for purposes of the credit the
fair market value of a donation be substantiated by a specified
appraisal; etc.
House Action
- 2/10
- First Reading Ways and Means
- 2/23
- Hearing 3/9 at 1:00 p.m.
- 3/17
- Favorable with Amendments Report by Ways and Means
- 3/21
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/23
- Third Reading Passed (133-1)
Senate Action
- 3/24
- First Reading Budget and Taxation
- Hearing 3/29 at 1:30 p.m.
- 4/7
- Referred to interim study by Budget and Taxation
- Sponsored by:
- Delegate David D. Rudolph, District 35B
- Delegate Wheeler R. Baker, District 36
- Delegate Joseph R. Bartlett, District 3
- Delegate John L. Bohanan, Jr., District 29B
- Delegate Charles R. Boutin, District 34
- Delegate K. Bennett Bozman, District 38
- Delegate Paul H. Carlson, District 39
- Delegate Jean B. Cryor, District 15
- Delegate C. Richard D'Amato, District 30
- Delegate Michael J. Finifter, District 11
- Delegate Barry Glassman, District 35A
- Delegate C. Sue Hecht, District 3
- Delegate Sheila E. Hixson, District 20
- Delegate Mary-Dulany James, District 34
- Delegate Robert A. McKee, District 2A
- Delegate Wendell F. Phillips, District 41
- Delegate Mary M. Rosso, District 31
- Delegate Christopher B. Shank, District 2B
- Delegate Mark K. Shriver, District 15
- Delegate Paul S. Stull, District 4A
- Bill indexed under the following Subjects:
- APPRAISALS
- CONSERVATION -see also- SOIL CONSERVATION
- EASEMENTS
- EXEMPTIONS
- FARMLAND
- INCOME TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statutes:
- Tax - General
- (
10-205 ,
10-207 ,
10-207 ,
10-306 ,
10-718
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 115460/1 (PDF) Offered on: March 21, 2000 at:
11:38 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 23, 2000: Third Reading Passed (133-1)
