File Code: Taxes - Income
- Sponsored By:
-
Senator Colburn
- Entitled:
-
Income Tax Subtraction Modification - Charitable Donations - Partial Interests
in Property
Allowing an individual or corporation a subtraction modification under
the Maryland income tax equal to the fair market value of an in-kind
donation of rental space to nonprofit organizations if the donation is
not allowed a deduction under the federal income tax; applying the Act
to taxable years beginning after December 31, 2008; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/23
- First Reading Senate Rules
- 3/5
- Re-referred Budget and Taxation
- 3/11
- Hearing 3/25 at 1:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- Exemptions
- Gifts
- Income Tax
- Leases and Rent
- Nonprofit Organizations
Bill affects the following Statutes:
- Tax - General
- (
10-208 ,
10-208 ,
10-308 ,
10-308
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
