Allowing certain employers operating in an opportunity zone in the State a credit against the Maryland income tax if the employer hires a formerly incarcerated individual during the taxable year; establishing the amount of the credit as $1,000 per qualified employee; prohibiting an employer from claiming the credit under certain circumstances; prohibiting the carryforward of the credit; making the credit refundable for certain tax exempt employers; applying the Act to taxable years beginning after December 31, 2018; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2019
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Last Updated: 2/3/2020 2:31 PM