Find a 2018 Bill:

2018 Regular Session



Income Tax - Research and Development Credit - Small Business Set-Aside

Sponsored by:

Delegate Tarlau


In the House - Hearing 2/14 at 1:00 p.m.

Synopsis:Requiring the Department of Commerce to make available 20% of the total amount of research and development tax credits that the Department may approve in a calendar year to small businesses; providing for the use of certain unused credits; providing for the calculation of the credit if more than a certain amount of credits are applied for in a calendar year; applying the Act to all research and development tax credits certified after December 15, 2017; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Tarlau, Barron, J. Lewis, Angel, Barkley, Chang, Fennell, Frush, Gutierrez, Hayes, Hill, Korman, Lierman, McCray, A. Miller, Moon, Mosby, Patterson, Pena-Melnyk, Rosenberg, Sanchez, Stein, M. Washington, and K. Young
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce, Department of
Income Tax
Industry and Technology
Small Business
Tax Credits
Statutes:Article - Tax - General

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February 15, 2018 12:21 P.M.