Historic Revitalization Tax Credit – Substantial Rehabilitation – Threshold Amount
Sponsor: Julie Palakovich Carr (District 17)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 1/26 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
Altering the definition of 'substantial rehabilitation' for purposes of eligibility for the historic revitalization tax credit program by reducing the threshold amount from $5,000 to $2,500 for certain homeowners who receive the State homeowners' property tax credit during a certain period of time; and applying the Act to all taxable years beginning after December 31, 2021.
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Testimony (4)
MGA witness listFAV 4Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Cowan, Eleanorlobbyist | Compass Advocacy | Oral + Written (PDF) |
| FAV | Carr, Al | Maryland General Assembly | Written (PDF) |
| FAV | Mitchell, Susan | Maryland REALTORS | Written (PDF) |
| FAV | Delegate Carr, Delegate Carrlegislator | Individual | Oral |
Organizations on record
Registered lobbyists who testified
FAVCowan, EleanorCompass AdvocacyRegistered for: Acusensus; Alley Cat Allies; American Society of Travel Advisors, Inc; Chesapeake Solar & Storage Association (CHESSA); Critical Response Group; Giffords…