Providing that the amount of a credit allowed against the State income tax is 75%, not to exceed $500,000, of the investment in qualified Maryland biotechnology companies located in Allegany, Dorchester, Garrett, or Somerset counties or Baltimore City; applying the Act to initial tax credit certificates issued after June 30, 2016; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2016
|Date Posted||Document Name|
|2/09/2016||Text - First - Biotechnology Investment Tax Credit - Investment in Qualified Companies in Low-Income Areas|
( 10-725 )
Last Updated: 2/3/2020 2:30 PM