HB1295 (CH0584)

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

One Maryland Economic Development Tax Credits - Simplification and Alteration

Sponsored by:

Delegate Buckel

Status:

Approved by the Governor - Chapter 584


Synopsis:Defining "Tier 1 county" as a county exceeding certain unemployment rates and with less than or equal to 75% of the median State income during certain periods; repealing a certain start-up tax credit under the One Maryland Economic Development Tax Credit Program; expanding the eligibility requirements for a certain project tax credit by altering, under certain circumstances, the number of qualified positions that a qualified business entity is required to create; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates Buckel, Beitzel, McKay, Anderton, and Corderman
Additional Facts:Cross-filed with: SB0989
Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Ways and Means  View Committee HearingBudget and Taxation
Broad Subject(s):Economic and Community Development
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Commerce, Department of
Comptroller
Counties -see also- Chartered Counties; Code Counties
Income Tax
Notices
Public Corporations and Instrumentalities
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Salaries and Compensation -see also- Overtime; Reimb. Rates
Tax Credits
Time
Unemployment
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Economic Development
(1-101, 6-401 through 6-403, 6-404, 6-405, 6-406, 6-407)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


May 18, 2018 3:55 P.M.