Legislation

Title: Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
Sponsored by: Senators Manno, Edwards, Feldman, Hough, King, Madaleno, McFadden, Serafini, and Young
Status: In the House - Favorable Report by Ways and Means
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "qualified Maryland biotechnology company" to extend a specified period of time from a specified date that an active business may claim the biotechnology tax credit; and applying the Act to initial tax credit certificates issued after June 30, 2016.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB1554

Bill File Type: Regular

Effective Date(s): June 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/22/2016 Legislative Date 2/22/2016 Action First Reading Senate Rules Proceedings
Chamber Senate Calendar Date 3/01/2016 Legislative Date 3/02/2016 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/02/2016 Legislative Date 3/02/2016 Action Hearing 3/17 at 3:00 p.m. Proceedings
Chamber Senate Calendar Date 3/11/2016 Legislative Date 3/11/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 3/11/2016 Legislative Date 3/11/2016 Action Hearing 3/17 at 1:30 p.m. Proceedings
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/21/2016 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/18/2016 Action Favorable Report Adopted Proceedings 47A
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/18/2016 Action Second Reading Passed Proceedings 47A
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/19/2016 Action Third Reading Passed (44-0) Proceedings 48A
Chamber House Calendar Date 3/22/2016 Legislative Date 3/20/2016 Action First Reading Ways and Means Proceedings 52
Chamber House Calendar Date 3/28/2016 Legislative Date 3/28/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/11/2016 Legislative Date 4/11/2016 Action Favorable Report by Ways and Means Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/22/2016	2/22/2016	First Reading Senate Rules
Senate	3/01/2016	3/02/2016	Rereferred to Budget and Taxation
Senate	3/02/2016	3/02/2016	Hearing 3/17 at 3:00 p.m.
Senate	3/11/2016	3/11/2016	Hearing cancelled
Senate	3/11/2016	3/11/2016	Hearing 3/17 at 1:30 p.m.
Senate	3/21/2016	3/21/2016	Favorable Report by Budget and Taxation
Senate	3/21/2016	3/18/2016	Favorable Report Adopted	47A
Senate	3/21/2016	3/18/2016	Second Reading Passed	47A
Senate	3/21/2016	3/19/2016	Third Reading Passed (44-0)	48A
House	3/22/2016	3/20/2016	First Reading Ways and Means	52
House	3/28/2016	3/28/2016	Hearing 3/29 at 1:00 p.m.
House	4/11/2016	4/11/2016	Favorable Report by Ways and Means

Documents

Date Posted	Document Name
2/23/2016	Text - First - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
3/21/2016	Text - Third - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
3/21/2016	Vote - Senate - Committee - Budget and Taxation
4/11/2016	Vote - House - Committee - Ways and Means
3/19/2016	Vote - Senate Floor - Third Reading Passed (44-0) - 03/19/16

File Code

Subjects

Statutes