HB0477

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts

Sponsored by:

Delegate Walker

Status:

In the House - Favorable with Amendments Report by Ways and Means


Synopsis:Increasing the maximum total amount of research and development tax credits that the Department of Economic Competitiveness and Commerce may approve; and applying the Act to all Maryland research and development tax credits certified after December 15, 2015.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Walker
Additional Facts:Cross-filed with: SB0211
Introduced in a prior session as: SB0488 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce, Department of
Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Industry and Technology
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General
(10-721)

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February 17, 2016 10:57 A.M.