SB0966

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

RISE Zones - Expansion and Income Tax Credit

Sponsored by:

Senator Ferguson

Status:

In the House - Hearing 3/28 at 1:00 p.m.


Synopsis:Increasing from three to no more than six a limitation on the number of Regional Institution Strategic Enterprise zones that may be approved in a county or municipal corporation; repealing the prohibition on designation of a RISE zone by the Secretary of Commerce in a certain development district; providing that a business entity in a RISE zone is eligible for a certain tax credit; authorizing certain business entities to apply for certain tax credit certificates; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Ferguson and Rosapepe
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Economic and Community Development
Narrow Subject(s):Boundaries
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Commerce, Department of
Community Development
Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Counties -see also- Chartered Counties; Code Counties
Enterprise Zones
Income Tax
Industry and Technology
Municipal Corporations -see also- Annap; Balt; Hager; OC
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Tax Credits
Urban Renewal -see also- Commercial Rehabilitation
Statutes:Article - Economic Development
(5-1401, 5-1402, 5-1404, 5-1406)
Article - Tax - General
(10-746)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


March 29, 2018 10:07 A.M.