File Code: Taxes - Income
- Sponsored By:
-
Delegates Bartlett, Parrott, Leopold, Glassman, Edwards,
DeCarlo, Rzepkowski, Kach, Klausmeier, Donoghue, K. Kelly, Shank,
McKee, Hecht, Stull, Walkup, and Boutin
- Entitled:
-
Technology-Based Farm Equipment - Income Tax Subtraction Modification
Allowing a subtraction modification under the individual and corporate
income tax for expenses incurred to purchase and install specified
technology-based farm equipment; requiring a taxpayer to file with the
taxpayer's income tax return a certification from the Department of
Agriculture to qualify for the subtraction; providing that the
subtraction modification may be carried over to succeeding taxable
years under specified circumstances; and applying the Act to tax years
after 1999.
House Action
- 2/11
- First Reading Ways and Means
- 2/23
- Hearing 3/9 at 1:00 p.m.
- 3/17
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Joseph R. Bartlett, District 3
- Delegate Charles R. Boutin, District 34
- Delegate Diane DeCarlo, District 6
- Delegate John P. Donoghue, District 2C
- Delegate George C. Edwards, District 1A
- Delegate Barry Glassman, District 35A
- Delegate C. Sue Hecht, District 3
- Delegate Wade Kach, District 9A
- Delegate Kevin Kelly, District 1B
- Delegate Katherine Klausmeier, District 8
- Delegate John R. Leopold, District 31
- Delegate Robert A. McKee, District 2A
- Delegate Joanne S. Parrott, District 35A
- Delegate James E. Rzepkowski, District 32
- Delegate Christopher B. Shank, District 2B
- Delegate Paul S. Stull, District 4A
- Delegate Mary Roe Walkup, District 36
- Bill indexed under the following Subjects:
- AGRICULTURE, DEPARTMENT OF
- AGRICULTURE -see also- FARMLAND
- COMPUTERS
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- EXEMPTIONS
- INCOME TAX
- RULES AND REGULATIONS
- Bill affects the following Statutes:
- Tax - General
- (
10-208 ,
10-208 ,
10-308 ,
10-308
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
