Bill
Bill > SB970
summary
Introduced
02/02/2024
02/02/2024
In Committee
03/14/2024
03/14/2024
Crossed Over
03/14/2024
03/14/2024
Passed
Dead
04/08/2024
04/08/2024
Introduced Session
2024 Regular Session
Bill Summary
Extending for 2 years the termination date for a credit against the State income tax for the installation of energy storage systems in the State; and delaying for 2 years the establishment of the Energy Storage System Grant Program in the Maryland Energy Administration.
AI Summary
This bill extends the termination date for a state income tax credit for the installation of energy storage systems in Maryland by 2 years, from December 31, 2024 to December 31, 2026. It also delays the establishment of the Energy Storage System Grant Program in the Maryland Energy Administration by 2 years, from July 1, 2024 to July 1, 2026. The bill aims to continue supporting the adoption of energy storage systems in the state through tax credits and grants.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Last Action
Referred Economic Matters (on 03/14/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0970?ys=2024RS |
| BillText | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0970t.pdf |
| Vote Image | https://mgaleg.maryland.gov/2024RS/votes_comm/sb0970_b&t.pdf |
| BillText | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0970f.pdf |
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