Maryland’s Comptroller must study a possible tax break for electricity farmers use in listed farm work and report its estimated cost to lawmakers.
The Comptroller must study a possible sales and use tax break for electricity farmers use in specified farm work and report its estimated cost to lawmakers.
If the Comptroller asks for information needed to prepare the report, an electric company must provide combined electricity use and billing information.
The Comptroller must study whether to exempt certain farm electricity purchases from sales and use tax and report to the General Assembly. The study covers electricity a farmer buys to raise livestock or poultry, prepare, irrigate, or tend soil, or plant, care for, harvest, store, clean, dry, or transport seeds or crops. The Comptroller must consult the Public Service Commission and PJM Interconnection, LLC. The report must estimate the exemption's fiscal impact. The report is due to the General Assembly by December 15, 2026.
An electric company must provide information the Comptroller requests for the report. The duty applies to an electric company asked by the Office of the Comptroller for combined electricity use and billing information. The Comptroller decides what information is needed to prepare the report. The request must be for information needed to prepare the report due by December 15, 2026.
No hearings or votes scheduled.