2007 Regular Session


File Code: Taxes - Income Prior Year Introduction As: SB 1009/06 Crossfiled with: HOUSE BILL 778
Sponsored By:
Senators Frosh, Brochin, Conway, Dyson, Garagiola, Lenett, Madaleno, Peters, and Zirkin
Income Tax Credits for Green Buildings - Additional Credits Authorized


Altering eligibility requirements for the green building tax credits; allowing an individual or business entity to transfer green building tax credits to another individual or business entity under specified circumstances; authorizing an individual or business entity to whom a green building tax credit is transferred to claim a credit against the Maryland income tax; increasing the maximum annual and aggregate amount of initial credit certificates that the Maryland Energy Administration may issue; defining the term "business entity"; etc.

History by Legislative and Calendar Date

Senate Action
First Reading Budget and Taxation
Hearing 2/14 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Brian E. Frosh, District 16
Senator Jim Brochin, District 42
Senator Joan Carter Conway, District 43
Senator Roy P. Dyson, District 29
Senator Rob Garagiola, District 15
Senator Mike Lenett, District 19
Senator Richard S. Madaleno, Jr., District 18
Senator Douglas J. J. Peters, District 23
Senator Bobby A. Zirkin, District 11

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Conservation -see also- Soil Conservation
Energy Matters -see also- Fuel; Power Plants; Solar Energy
Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Income Tax
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-722 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered