File Code: Taxes - Miscellaneous
- Sponsored By:
-
Delegate Beck
- Entitled:
-
Sales and Use Taxation of Food - State Income Tax Credit for
Percentage of County Income Tax
Repealing an exemption under the sales and use tax for sales of food
for consumption off the premises by a food vendor who operates a
substantial grocery or market business at the same location where the
food is sold; allowing a credit against the State income tax in an
amount equal to the lesser of 12% of the county income tax imposed or
the State income tax, determined after application of specified
credits; and applying the credit to tax years after 1996.
House Action
- 1/22
- First Reading Ways and Means
- 1/24
- Hearing 2/1 at 11:00 a.m.
- 3/4
- Withdrawn
Senate Action
- No Action
- Bill indexed under the following Subjects:
- COUNTIES
- EXEMPTIONS
- FOOD -see also- MILK PRODUCTS; MEAT, POULTRY, SEAFOOD
- INCOME TAX
- SALES AND USE TAX
- TAX CREDITS
- Bill affects the following Statutes:
- Article - 25B Home Rule for Code Counties
- (
13H ,
13H
)
- Tax - General
- (
10-707 ,
11-206
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
