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Legislation


2011 Regular Session

HOUSE BILL 587

File Code: Taxes - Income Crossfiled with: SENATE BILL 485
Sponsored By:
Delegate Feldman
Entitled:
Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company

Synopsis:

Altering the definition of "qualified Maryland biotechnology company" for purposes of the biotechnology investment tax credit for fiscal years 2012 and 2013 only, to allow investments in companies that have been in active business for up to 15 years to qualify for the credit; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/9
First Reading Ways and Means
2/16
Hearing 3/10 at 1:00 p.m.
3/24

Favorable with Amendments Report by Ways and Means
3/23
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (137-0)
3/31
Returned Passed
Senate Action
3/25
First Reading Budget and Taxation
3/29
Hearing 3/30 at 1:00 p.m.
4/1
Favorable Report by Budget and Taxation
3/30
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (46-0)
Action after passage in House and Senate
5/10
Approved by the Governor
- Chapter 349

Bill indexed under the following Subjects:

Business and Economic Development, Department of
Income Tax
Industry and Technology
Investments -see also- Securities
Medical Research
Small Business
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - General
( 10-725 , 10-725 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 525067/01     Offered on: March 25, 2011   at: 11:56 a.m.     Status: Adopted
Committee Votes :
House
Ways and Means
Senate
Budget and Taxation
Roll Call Votes (Legislative dates are shown):
House
March 25, 2011: Third Reading Passed (137-0)
Senate
March 31, 2011: Third Reading Passed (46-0)
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