1996 Regular Session

SENATE BILL 218

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 262
Sponsored By:
The President (Administration) and Senators Bromwell, Currie, Dorman, Hafer, Hogan, Kasemeyer, Lawlah, McFadden, Middleton, Munson, Roesser, Ruben, and Van Hollen
Entitled:
Tax Credits - Creation of New Jobs and Employment of Individuals with Disabilities

Synopsis:

Providing for tax credits for specified entities that hire certain individuals; specifying the amount of and standards for the tax credit; and specifying when the tax credit may be applied.

Legislative History

Senate Action
1/22
First Reading Budget and Taxation
Motion Rules Suspended (Sen. Trotter) Adopted (46-0)
1/31
Hearing 2/9 at 1:00 p.m.
House Action
No Action
Sponsored by:
President of the Senate
Administration
Senator Thomas L. Bromwell, District 8
Senator Ulysses Currie, District 25
Senator Arthur Dorman, District 21
Senator John J. Hafer, District 1
Senator Patrick J. Hogan, District 39
Senator Edward J. Kasemeyer, District 12
Senator Gloria Gary Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Thomas McLain Middleton, District 28
Senator Donald F. Munson, District 2
Senator Jean W. Roesser, District 15
Senator Ida G. Ruben, District 20
Senator Christopher Van Hollen, Jr., District 18
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMMERCE AND BUSINESS -see also- SMALL BUSINESS
DISABILITIES -see also- BLIND PERSONS, DEAF PERSONS
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U
FRANCHISES
GOVERNOR
INCOME TAX
INSURANCE-GENERAL
INTERSTATE AFFAIRS
NOTICES
REPORTS -see also- RECORDS
REVENUE AND TAXES - GENERAL
SALARIES AND COMPENSATION
TAX CREDITS
UTILITIES -see also- HIGH VOLTAGE LINES, TELEPHONES
WORK, LABOR AND EMPLOYMENT -see also- LEAVE, OVERTIME
Bill affects the following Statutes:
Article - 83A Department of Business and Economic Development
( 5-1101 , 5-1102 )
Education
( 21-307 )
Tax - General
( 8-214 , 8-215 , 8-411 , 8-412 , 10-205 , 10-306 , 10-704.4 , 10-704.5 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available