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Committee hears bill to let agriculture secretary expand tax subtraction list for emerging farm technology
Summary
House Bill 278 would let Maryland’s agriculture secretary define, by regulation, what qualifies as enhanced agricultural management equipment for an existing income‑tax subtraction, the bill’s sponsor and farm groups told Ways and Means on Jan. 23.
Delegate Bouchard introduced House Bill 278 to the Ways and Means Committee on Jan. 23, asking lawmakers to expand Maryland’s existing income‑tax subtraction for agricultural equipment by authorizing the Secretary of Agriculture to determine what qualifies as “enhanced agricultural management equipment” by regulation.
The bill’s sponsor said the regulatory approach would keep the program current with rapidly…
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