SB0779 (CH0075)

2013 Regular Session



Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition

Sponsored by:

Senator King


Approved by the Governor - Chapter 75

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 for a specified period of time from a specified date; and applying the Act to initial tax credit certificates issued after June 30, 2013.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator King
Additional Facts:Cross-filed with: HB0328
Bill File Type: Regular
Effective Date(s): June 1, 2013
Budget and Taxation  Listen to Committee HearingWays and Means
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

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 2, 2015 9:13 A.M.