MD HB1554

Requires the Office of the Comptroller to study and report on exempting electricity from sales and use tax when purchased by farmers for agricultural purposes, including raising livestock/poultry, soil preparation and irrigation, and planting, harvesting, storing, or transporting crops

Report must be submitted to the General Assembly by December 15, 2026

Comptroller must consult with the Public Service Commission and PJM Interconnection, LLC in preparing the study

Report must include an estimate of the fiscal impact of the proposed exemption

Electric companies are required to provide aggregate usage and billing information to the Comptroller upon request to support the study