HB0328 (CH0076)

2013 Regular Session

 

Entitled:

Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition

Sponsored by:

Senator Feldman

Status:

Approved by the Governor - Chapter 76


Synopsis:Altering the definition of "qualified Maryland biotechnology company" for purposes of the biotechnology investment tax credit to include a company that has been in active business no longer than 10 years from the date the company first received a qualified investment; and applying the Act to initial tax credit certificates issued after June 30, 2013.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates Feldman, Afzali, Aumann, Barkley, Barve, Boteler, Dumais, George, Impallaria, A. Kelly, Lee, and Luedtke
Additional Facts:Cross-filed with: SB0779
Bill File Type: Regular
Effective Date(s): June 1, 2013
Committee(s):
Ways and Means  View Committee HearingBudget and Taxation  Listen to Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Corporations -see also- Municipal Corps; Public Corps & Inst
Industry and Technology
Investments -see also- Securities
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General
(10-725)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 2, 2015 9:09 A.M.