Find a 2016 Bill:

2016 Regular Session



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

Sponsored by:

Senator King


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 (Revised)
All Sponsors:Senators King, Currie, DeGrange, Feldman, Ferguson, Guzzone, Madaleno, Manno, Middleton, Peters, Young, and McFadden
Additional Facts:Cross-filed with: HB0477
Introduced in a prior session as: SB0488 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
Budget and Taxation  View Committee HearingWays 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

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 5:08 P.M.