Income Tax - Credit for Purchase of Zero-Emission and Hybrid Mobile Machinery
Sponsor: Nancy J. King (District 39)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 3/30 at 1:00 p.m. (as of Nov 9, 2023)
What this bill does
Official synopsis
Allowing a credit against the State income tax for the purchase of certain zero-emission and hybrid mobile machinery during taxable years 2024 through 2027 by certain eligible taxpayers for use in the taxpayers' businesses or for rental or lease to the general public; and requiring the Comptroller to report to the General Assembly on or before December 1, 2027, on the utilization of the tax credit.
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Testimony (17)
MGA witness listFAV 11FavorableFWA 2Favorable with amendmentsUNF 2UnfavorableINFO 2Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | McClelland, John | American Rental Association | Oral |
| FAV | Jackson, Marcuslobbyist | Associated Builders and Contractors | Written (PDF) |
| FAV | Myers, Doug | Chesapeake Bay Foundation | Written (PDF) |
| FAV | Stegman, Matt | Chesapeake Bay Foundation | Written (PDF) |
| FAV | Tulkin, Joshlobbyist | MD Sierra Club | Written (PDF) |
| FAV | Bohle, Matthew | RWL | Oral |
| FAV | Noonan, Ed | United Rentals | Written (PDF) |
| FAV | King, Senator Nancy | Individual | Written (PDF) |
| FAV | Matheson, Barbara | Individual | Written (PDF) |
| FAV | Senator King, Senator Kinglegislator | Individual | Oral |
| FAV | Senator King, Senator Kinglegislator | Individual | Oral |
| UNF | Duffy, Suzanne | Concerned Citizen | Position only |
| UNF | Clark, Rachellobbyist | Evans & Associates, LLC | Written (PDF) |
| FWA | Noonan, Ed | United Rentals | Oral |
| FWA | King, Senator Nancy | Individual | Written (PDF) |
| INFO | Westervelt, Patricia | Maryland Department of Transportation | Written (PDF) |
| INFO | Westervelt, Patricia | Maryland Department of Transportation | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVJackson, MarcusAssociated Builders and ContractorsRegistered for: Associated Builders & Contractors
UNFClark, RachelEvans & Associates, LLCRegistered for: Accenture LLP; Arundel Amusements/Bingo World; Brady Campaign to Prevent Gun Violence; CALSTART; Carvana; Fraternal Order of Police, Lodge 89…