Proposed Maryland Firearm Legislation SB655
Legislation Overview
Title: Income Tax - Credit for Firearm Safety Devices
Subject: Taxes - Income: Equipment: Guns: Income Tax: Safety: Tax Credits: Tax Returns
Description: Authorizing a credit against the State income tax for the purchase of certain firearm safety devices in an amount equal to the lesser of 100% of the purchase price or $250 during the taxable year; making the credit refundable; requiring proof of purchase to be provided to the Comptroller for a firearm safety device for which an individual is claiming a credit; and applying the Act to all taxable years beginning after December 31, 2022.
Session: 2023 Regular Session
Last Action: Hearing 3/09 at 1:00 p.m.
Last Action Date: February 7, 2023
Sponsors
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
1 sponsors: Jill Carter (D);
Percentage of Senate sponsoring bill: 2% (1 of 47)
History
| Chamber | Date | Action |
| Senate | Feb 7, 2023 | Hearing 3/09 at 1:00 p.m. |
| Senate | Feb 6, 2023 | First Reading Budget and Taxation |
Texts
| Type | Date | State Link | Text |
| Introduced | Feb 9, 2023 | state link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Votes - Click on description to view vote roll call
There have not been any votes on this bill
Link: link to state bill page
