2000 Regular Session

HOUSE BILL 14

CHAPTER NUMBER: 516 File Code: Taxes - Income
Sponsored By:
Delegates Taylor, Dewberry, Hurson, Arnick, Busch, Guns, Harrison, Hixson, Howard, Kopp, Montague, Rawlings, Owings, Rosenberg, Vallario, Wood, W. Baker, Barve, Bohanan, Bozman, Brown, Cane, Clagett, Cole, Conroy, Conway, D'Amato, DeCarlo, Donoghue, Doory, Dypski, Finifter, Franchot, Frush, Giannetti, Goldwater, Griffith, Hammen, Healey, Hecht, Heller, Hubers, James, V. Jones, Klausmeier, Krysiak, Love, Mandel, McHale, Mitchell, Moe, Petzold, Pitkin, Rosso, Rudolph, Snodgrass, Stern, Turner, Valderrama, Weir, Zirkin, Cryor, Bartlett, Carlson, and Shriver
Entitled:
Maryland Research and Development Tax Credit

Synopsis:

Allowing a State income tax credit in the amount of 3% of qualified Maryland research and development expenses, not exceeding the Maryland base amount for the individual or corporation, incurred or paid during a taxable year and 10% of the amount by which the Maryland qualified research and development expenses incurred or paid during a taxable year exceed the base amount; providing for applications to the Department of Business and Economic Development for approval and certification of credit amounts; etc.

History by Legislative Date

House Action
11/15
Pre-filed
1/12
First Reading Ways and Means
2/2
Hearing 2/8 at 11:00 a.m.
3/8
Favorable with Amendments Report by Ways and Means
3/9
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/14
Third Reading Passed (138-2)
4/8
House Concur - Senate Amendments
Third Reading Passed (133-2)
Passed Enrolled
5/18
Signed by the Governor Chapter 516
Senate Action
3/15
First Reading Budget and Taxation
3/24
Hearing 3/29 at 1:30 p.m.
4/6
Favorable with Amendments Report by Budget and Taxation
4/4
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/5
Third Reading Passed with Amendments (45-0)
Sponsored by:
Delegate Casper R. Taylor, Jr., District 1C
Delegate John S. Arnick, District 7
Delegate Wheeler R. Baker, District 36
Delegate Joseph R. Bartlett, District 3
Delegate Kumar P. Barve, District 17
Delegate John L. Bohanan, Jr., District 29B
Delegate K. Bennett Bozman, District 38
Delegate Anthony G. Brown, District 25
Delegate Michael E. Busch, District 30
Delegate Rudolph C. Cane, District 37A
Delegate Paul H. Carlson, District 39
Delegate Virginia P. Clagett, District 30
Delegate William H. Cole, IV, District 47A
Delegate Mary A. Conroy, District 23
Delegate Norman H. Conway, District 38
Delegate Jean B. Cryor, District 15
Delegate C. Richard D'Amato, District 30
Delegate Diane DeCarlo, District 6
Delegate Thomas E. Dewberry, District 47B
Delegate John P. Donoghue, District 2C
Delegate Ann Marie Doory, District 43
Delegate Cornell N. Dypski, District 46
Delegate Michael J. Finifter, District 11
Delegate Peter Franchot, District 20
Delegate Barbara Frush, District 21
Delegate John A. Giannetti, Jr., District 13B
Delegate Marilyn R. Goldwater, District 16
Delegate Melony G. Griffith, District 25
Delegate Ronald A. Guns, District 36
Delegate Peter A. Hammen, District 46
Delegate Hattie N. Harrison, District 45
Delegate Anne Healey, District 22A
Delegate C. Sue Hecht, District 3
Delegate Henry B. Heller, District 19
Delegate Sheila E. Hixson, District 20
Delegate Carolyn J. B. Howard, District 24
Delegate Nancy M. Hubers, District 6
Delegate John A. Hurson, District 18
Delegate Mary-Dulany James, District 34
Delegate Verna L. Jones, District 44
Delegate Katherine Klausmeier, District 8
Delegate Nancy K. Kopp, District 16
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Adrienne A. Mandel, District 19
Delegate Brian K. McHale, District 47A
Delegate Van T. Mitchell, District 28
Delegate Brian R. Moe, District 21
Delegate Kenneth C. Montague, Jr., District 43
Delegate George W. Owings, III, District 27B
Delegate Carol S. Petzold, District 19
Delegate Joan B. Pitkin, District 23
Delegate Howard P. Rawlings, District 40
Delegate Samuel I. Rosenberg, District 42
Delegate Mary M. Rosso, District 31
Delegate David D. Rudolph, District 35B
Delegate Mark K. Shriver, District 15
Delegate Louise V. Snodgrass, District 3
Delegate Joan F. Stern, District 39
Delegate Frank S. Turner, District 13A
Delegate David M. Valderrama, District 26
Delegate Joseph F. Vallario, Jr., District 27A
Delegate Michael H. Weir, District 6
Delegate John F. Wood, Jr., District 29A
Delegate Robert A. Zirkin, District 11
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMPTROLLER
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
INCOME TAX
INDUSTRY AND TECHNOLOGY
REPORTS
RULES AND REGULATIONS
SUNSET
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
Tax - General
( 10-205 , 10-718 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 005564/1 (PDF)     Offered on: March 9, 2000   at: 10:30 a.m.     Status: Adopted
Senate
Number: 269532/1 (PDF)     Offered on: April 6, 2000   at: 1:16 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 14, 2000: Third Reading Passed (138-2)
April 8, 2000: Third Reading Passed (133-2)
Senate
April 5, 2000: Third Reading Passed (45-0)