- 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
- In the House - Hearing 2/28 at 1:00 p.m.
- Fiscal and Policy Note
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.
Bill File Type: Regular
Effective Date(s): June 1, 2018
By Request of the Governor
( 6-901 through 6-909 )
( 10-746, 11-234 )
( 9-111 )
Last Updated: 2/3/2020 2:31 PM