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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
Sponsored by
The Speaker (By Request - Administration) and Delegates Angel, Barkley, Barve, Cullison, Dumais, Flanagan, Fraser-Hidalgo, Frick, Gilchrist, Gutierrez, Hixson, Hornberger, Kaiser, Kelly, Kipke, Knotts, Korman, Kramer, Lisanti, Luedtke, A. Miller, Morales, Queen, Reznik, Robinson, and Wilson
Status
In the House - Hearing 2/28 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Establishing the Promoting ext-Raordinary Innovation in Maryland's Economy Program within the Department of Commerce to provide certain Fortune 100 companies tax credits and benefits for up to 10 years; requiring the Department to administer the Program; establishing the application and eligibility requirements for a business entity to qualify for tax credits and benefits under the Program; authorizing a credit against the State income tax for certain income of business entities certified under the Program; etc.
Committees
Original:
Ways and Means  
Details
Cross-filed with: SB0877
Bill File Type: Regular
Effective Date(s): June 1, 2018
By Request of the Governor
History
Legislation History
Chamber
House
Calendar Date
2/07/2018
Legislative Date
2/07/2018
Action
First Reading Ways and Means
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
Proceedings
Chamber
House
Calendar Date
2/08/2018
Legislative Date
2/08/2018
Action
Hearing 2/28 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/07/2018 2/07/2018 First Reading Ways and Means
Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
House 2/08/2018 2/08/2018 Hearing 2/28 at 1:00 p.m.
File Code
Subjects
Statutes
(   6-901 through 6-909 )
(   10-746, 11-234 )
Last Updated: 2/3/2020 2:31 PM