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SB 946

Maryland Senate bill in Session 2026.

Status: introduced. Latest action: May 15, 2026.

Historic Revitalization Tax Credit - Alterations.

Bill ID MD-2026-SB-946
Session 2026
Status introduced
Committee Budget and Taxation
Senate introduced 2026-05-15
Business / Commerce Tax / Budget / Appropriations
Summary

Altering the definition of "qualified rehabilitation expenditure", for purposes of the Historic Revitalization Tax Credit, to repeal the exclusion of expenditures for a certain rehabilitation that is otherwise funded, financed, or reimbursed by certain State or local expenditures; altering the definition of "substantial rehabilitation" to extend the period during which certain expenditures must occur; expanding certain competitive award criteria for commercial projects; etc.

Sponsor
Senator McCray
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-02-06 Status introduced
2026-05-15 Latest Action In the Senate - Hearing 3/11 at 1:00 p.m.
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