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Legislation


2012 Regular Session

SENATE BILL 570

File Code: Taxes - Income Crossfiled with: HOUSE BILL 943
Sponsored By:
Senators King, Brinkley, Colburn, Currie, Garagiola, Jones-Rodwell, Madaleno, Manno, McFadden, Peters, Pugh, and Young
Entitled:
Income Tax Credit - Qualified Research and Development Expenses

Synopsis:

Altering the amount of research and development credits that the Department of Business and Economic Development may approve in a calendar year; and applying the Act to Maryland research and development tax credits certified after December 15, 2012.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Budget and Taxation
2/8
Hearing 3/9 at 1:00 p.m.
3/23

Favorable with Amendments Report by Budget and Taxation
3/20
Favorable with Amendments {809932/1 Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (46-0)
House Action
3/24
First Reading Ways and Means
3/28
Hearing 4/3 at 1:00 p.m.

Sponsored by:

Senator Nancy J. King, District 39
Senator David R. Brinkley, District 4
Senator Richard F. Colburn, District 37
Senator Ulysses Currie, District 25
Senator Rob Garagiola, District 15
Senator Verna L. Jones-Rodwell, District 44
Senator Richard S. Madaleno, Jr., District 18
Senator Roger P. Manno, District 19
Senator Nathaniel J. McFadden, District 45
Senator Douglas J. J. Peters, District 23
Senator Catherine E. Pugh, District 40
Senator Ronald N. Young, District 3

Bill indexed under the following Subjects:

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

Bill affects the following Statute:

Tax - General
( 10-721 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 809932/01     Offered on: March 23, 2012   at: 6:26 p.m.     Status: Adopted
Committee Votes :
Senate
Budget and Taxation
Roll Call Vote (Legislative date is shown):
Senate
March 22, 2012: Third Reading Passed (46-0)