GAM-SB0134 History 2018 Regular Session


SB0134	Find a 2018 Bill: *Invalid Number	2018 Regular Session

	Entitled:	Small Business Relief Tax Credit
	Sponsored by:	President
	Status:	In the Senate - Passed Enrolled

Synopsis:

Authorizing a tax credit against the State income tax for certain small businesses that provide to qualified employees paid earned sick and safe leave that is paid at the same rate as the qualified employee normally earns and meets or exceeds certain requirements; making the credit refundable; providing that the total amount of tax credit certificates issued by the Department may not exceed $5,000,000 for any taxable year; applying the Act to all taxable years beginning after December 31, 2017; etc.

Analysis:

Fiscal and Policy Note (Revised)

All Sponsors:

The President (By Request - Administration)

Additional Facts:

Cross-filed with: HB0099
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor

Committee(s):

Budget and Taxation

Ways and Means

Broad Subject(s):

Taxes - Income

Narrow Subject(s):

Assessments
Commerce, Department of
Comptroller
Data -see also- Census; Demographics
Income Tax
Notices
Reports
Rules and Regulations
Salaries and Compensation -see also- Overtime; Reimb. Rates
Small Business
Tax Credits
Time
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Statutes:

Article - Tax - General

(10-746)

April 23, 2018 9:08 A.M.

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/11/2018	1/11/2018	First Reading Budget and Taxation
	1/31/2018	1/31/2018	Hearing 2/21 at 1:00 p.m.
	3/16/2018	3/16/2018	Favorable with Amendments Report by Budget and Taxation
			Favorable with Amendments {879233/1 Report Adopted	48A
			Second Reading Passed with Amendments	48A
	3/19/2018	3/17/2018	Third Reading Passed (47-0)	48C
House	3/20/2018	3/16/2018	First Reading Ways and Means	50
	3/22/2018	3/22/2018	Hearing 3/28 at 1:00 p.m.
	4/5/2018	4/5/2018	Favorable with Amendments Report by Ways and Means
	4/5/2018	3/27/2018	Favorable with Amendments {215566/1 Report Adopted	61A
			Second Reading Passed with Amendments	61A
	4/6/2018	3/28/2018	Third Reading Passed with Amendments (137-0)	62
Senate	4/9/2018	4/2/2018	Senate Concur - House Amendments	64
			Third Reading Passed (44-0)	64
			Passed Enrolled

General Assembly

of Maryland

SB0134

2018 Regular Session

Entitled:

Small Business Relief Tax Credit

Sponsored by:

President

Status:

In the Senate - Passed Enrolled

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

April 23, 2018 9:08 A.M.

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

April 9, 2018 12:47 P.M.