|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
H.B. 493
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The Honorable Casper R. Taylor, Jr.
Speaker of the House
State House
Annapolis MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed House Bill 493 - Maryland Income Tax - Subtraction Modification -
Conservation Tillage Equipment.
This bill expands the definition of conservation tillage equipment, for the purposes of
the subtraction modification allowed for expenses related to the purchase of such
equipment, to include deep no-till rippers that do not invert the soil profile and are
used to address compaction in high residue cropping systems. These items must be
purchased after December 31, 2001. to be eligible for the subtraction.
Senate Bill 447, which was passed by the General Assembly and signed by me,
accomplishes the same, purpose. Therefore, it is not necessary for me to sign House
Bill 493.
Sincerely,
Parris N. Glendening
Governor
House Bill No. 493
AN ACT concerning
Maryland Income Tax - Subtraction Modification - Conservation Tillage
Equipment
FOR the purpose of altering the definition of conservation tillage equipment for
purposes of a certain Maryland income tax subtraction modification to include a
deep no till ripper used for soil preparation in no till systems certain deep
no-till rippers; providing for the application of this Act; and generally relating to
an income tax subtraction modification for conservation tillage equipment.
BY repealing and reenacting, with amendments,
Article - Tax - General
Section 10-208(d)
Annotated Code of Maryland
(1997 Replacement Volume and 2001 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as' follows:
Article - Tax - General
10-208.
(d) (1) In this subsection, "conservation tillage equipment":
|
|
|
|
|
|
|
|
|
|
- 5143 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
