HB 862

Historic Revitalization Tax Credit – Transferability (Historic Revitalization Tax Credit Improvement Act of 2020)

Sponsor: Stephanie Smith (District 45)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 633 (as of Nov 6, 2020)

What this bill does

Official synopsis

Making a certain tax credit for commercial rehabilitations under the historic revitalization tax credit program transferable and refundable under certain circumstances; requiring the Director of the Maryland Historic Trust, in consultation with the Smart Growth Subcabinet, to adopt certain regulations; and applying the Act to taxable years beginning after December 31, 2019.

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Testimony (15)

MGA witness list

FAV 13FavorableINFO 2Information only

Position	Witness	Organization	Testimony
FAV	Brennan, Rob	AIA Maryland	Oral + Written (PDF)
FAV	Webber, Jennifer	ASHNYC	Oral + Written (PDF)
FAV	Eilenberg, Robin	Chesapeake Bay Foundation	Written (PDF)
FAV	Renner, John	Cross Steeet Partners	Position only
FAV	PARKS, KATIE	EASTERN SHORE LAND CONSERVANCY	Written (PDF)
FAV	LINDER, SAKINAH	KEEN PRESERVATION SOLUTIONS	Written (PDF)
FAV	graf, lorilobbyist	Maryland Building Industry Association	Written (PDF)
FAV	Sprague, Shaw	National Trust for Historic Preservation	Oral + Written (PDF)
FAV	COWAN, ELLY	PRESERVATION MARYLAND	Oral + Written (PDF)
FAV	Wojewodzki, MJ	Quinn Evans Architects	Oral + Written (PDF)
FAV	WALKER, LUCILLE	SOUTHEN MD HERITAGE AREA CONSORTIUM	Written (PDF)
FAV	McCleaf, Steve	Warfields, llc	Oral + Written (PDF)
FAV	Delegate Smith, Delegate Smithlegislator	Individual	Oral + Written (PDF)
INFO	Gruzs, Adam	MD Dept of Planning	Written (PDF)
INFO	Wilkins, Barbara	Individual	Written (PDF)