File Code: Taxes - Miscellaneous
- Sponsored By:
-
The President (Administration) and Senators
Amoss, Hoffman, Boozer, Munson, McFadden, Ruben, Currie, Van Hollen,
Hogan, Lawlah, Middleton, and Kasemeyer
- Entitled:
-
Jobs Creation Tax Credit Act of 1996
Allowing certain credits against the State income tax, financial
institution franchise tax, public service company franchise tax, and
insurance premiums tax for certain business entities that establish or
expand a business facility in the State; providing for the calculation
of the credit; providing for certification by the Secretary of
Business and Economic Development of businesses eligible for the
credit; limiting the maximum credit allowed in any taxable year; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/6
- Hearing 2/9 at 1:00 p.m.
- 3/18
- Favorable with Amendments Report by Budget and Taxation
- 3/19
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/21
- Third Reading Passed (45-0)
- 3/31
- Senate Refuses to Concur - House Amendments
- Senate Requests House Recede
- Conference Committee Appointed ...
- Amoss, McFadden, Hogan
- 4/5
- Conference Committee Report Adopted
- Third Reading Passed (46-0)
- Passed Enrolled
- 5/23
- Governor vetoed - Duplicative
House Action
- 3/21
- First Reading Ways and Means
- 3/22
- Hearing 3/27 at 1:00 p.m.
- 3/29
- Favorable with Amendments Report by Ways and Means
- 3/26
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed with Amendments (132-1)
- 3/28
- House Refuses to Recede
- Conference Committee Appointed ...
- Healey, Rosapepe, Leopold
- 4/5
- Conference Committee Report Adopted
- Third Reading Passed (119-3)
- Sponsored by:
- President of the Senate
- Administration
- Senator William H. Amoss, District 35
- Senator F. Vernon Boozer, District 9
- Senator Ulysses Currie, District 25
- Senator Barbara A. Hoffman, District 42
- 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 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
- COMPTROLLER
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U
- FRANCHISES
- INCOME TAX
- INSURANCE-GENERAL
- INTERSTATE AFFAIRS
- REPORTS -see also- RECORDS
- REVENUE AND TAXES - GENERAL
- RULES AND REGULATIONS
- 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 ,
5-1102 ,
5-1103
)
- Insurance
- (
6-114
)
- Article - 48A Insurance Code
- (
632
)
- Tax - General
- (
8-214 ,
8-411 ,
10-704.4
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
Amendments:
- Senate
- Number: 008390/1 (PDF) Offered on: MARCH 19, 1996 at: 11:48
Status: Adopted
- House
- Number: 415729/1 (PDF) Offered on: MARCH 29, 1996 at: 11:30
Status: Adopted