Income Tax - Subtraction Modification - Perpetual Conservation Easements

SB 371 Income Tax Subtraction Modification Perpetual Conservation Easements

Maryland 2016 Regular Session

Income Tax - Subtraction Modification - Perpetual Conservation Easements
SB-371

About SB-371

Providing a subtraction modification under the Maryland income tax for the first $500,000 in proceeds from the sale of a perpetual conservation easement on real property in the State.

  

Bill Texts

Engrossed 04/05/2016
Introduced 01/28/2016

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Sponsors (5)

Sen. Thomas Middleton


Co-Sponsor

Sen. Jim Mathias


Co-Sponsor

Sen. Charles Muse


Co-Sponsor

Sen. Douglas Peters


Co-Sponsor

Sen. Thomas Miller


Co-Sponsor

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Votes

Senate Floor - Third Reading Passed (46-0)

03/31/2016

Yeas: 46 | Nays: 0
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Bill Sponsors

History

Hearing 4/11 At 9:00 A.m.

04/11/2016

Favorable With Amendments Report By Ways And Means

04/11/2016

Favorable With Amendments {295469/1 Report Adopted

04/11/2016

Second Reading Passed With Amendments

04/11/2016

Rereferred To Ways And Means

04/09/2016

First Reading House Rules And Executive Nominations

04/07/2016

Third Reading Passed (46-0)

04/06/2016

Favorable With Amendments Report By Budget And Taxation

04/05/2016

Favorable With Amendments {169532/1 Report Adopted

04/05/2016

Second Reading Passed With Amendments

04/05/2016

Hearing 2/17 At 1:00 P.m.

02/17/2016

First Reading Budget And Taxation

01/28/2016

Subject(s)

Taxes - Income Conservation Easements Exemptions Income Tax