HOUSE BILL 4

CHAPTER NUMBER: 303 File Code: Income Crossfiled with: SENATE BILL 421

Sponsored By:

Delegates Taylor, Busch, Arnick, Dewberry, Doory, Guns, Harrison, Hixson, Howard, Hurson, Kopp, Menes, Montague, Owings, Rawlings, Rosenberg, Vallario, Wood, W. Baker, Bozman, Bronrott, Brown, Cadden, Cryor, C. Davis, Edwards, Finifter, Franchot, Fulton, Giannetti, Healey, Hecht, A. Jones, V. Jones, Kagan, K. Kelly, Kirk, Krysiak, Love, Marriott, McIntosh, Mitchell, Nathan-Pulliam, Phillips, Rosso, Rudolph, Shriver, Slade, McKee, Conroy, Bartlett, Patterson, Eckardt, Conway, Schisler, Cane, Walkup, and McClenahan

Entitled:

One Maryland Economic Development Program for Distressed Counties - Tax Credits

Synopsis:

Allowing credits against certain taxes for certain costs of eligible economic development projects undertaken by qualified business entities in qualified economically distressed counties and specified start-up costs of qualified business entities locating in qualified economically distressed counties; applying the Act to tax years beginning after 1999; providing for the carryover of certain unused credits; making certain unused credits refundable under certain circumstances; etc.

History by Legislative Date

House Action

11/20

Pre-filed

1/13

First Reading Ways and Means

1/27

Hearing 2/3 at 1:00 p.m.

2/15

Favorable with Amendments Report by Ways and Means

2/16

Favorable with Amendments Report Adopted

Special Order 2/17 (Delegate Hixson) Adopted

2/17

Floor Committee Amendment Adopted

Floor Amendment (Delegate Billings) Rejected

Second Reading Passed with Amendments

2/19

Third Reading Passed (131-0)

4/10

House Concur - Senate Amendments

Third Reading Passed (138-0)

Passed Enrolled

5/13

Signed by the Governor Chapter 303

Senate Action

2/22

First Reading Budget and Taxation

4/12

Favorable with Amendments Report by Budget and Taxation

4/10

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

Motion 2rdgs same day Const/Rule 24 (Senator Middleton) Adopted

Third Reading Passed with Amendments (47-0)

Sponsored by:

Delegate Casper R. Taylor, Jr., District 1C

Delegate John S. Arnick, District 7

Delegate Wheeler R. Baker, District 36

Delegate Joseph R. Bartlett, District 3

Delegate K. Bennett Bozman, District 38

Delegate William A. Bronrott, District 16

Delegate Anthony Brown, District 25

Delegate Michael Erin Busch, District 30

Delegate Joan Cadden, District 31

Delegate Rudolph C. Cane, District 37A

Delegate Mary A. Conroy, District 23

Delegate Norman H. Conway, District 38

Delegate Jean B. Cryor, District 15

Delegate Clarence Davis, District 45

Delegate Thomas E. Dewberry, District 47B

Delegate Ann Marie Doory, District 43

Delegate Adelaide C. Eckardt, District 37B

Delegate George C. Edwards, District 1A

Delegate Michael J. Finifter, District 11

Delegate Peter Franchot, District 20

Delegate Tony Edward Fulton, District 40

Delegate John A. Giannetti, Jr., District 13B

Delegate Ronald A. Guns, District 36

Delegate Hattie N. Harrison, District 45

Delegate Anne Healey, District 22A

Delegate C. Sue Hecht, District 3

Delegate Sheila Ellis Hixson, District 20

Delegate Carolyn J. B. Howard, District 24

Delegate John Adams Hurson, District 18

Delegate Adrienne A. Jones, District 10

Delegate Verna Jones, District 44

Delegate Cheryl C. Kagan, District 17

Delegate Kevin Kelly, District 1B

Delegate Ruth M. Kirk, District 44

Delegate Nancy K. Kopp, District 16

Delegate Carolyn J. Krysiak, District 46

Delegate Mary Ann E. Love, District 32

Delegate Salima Siler Marriott, District 40

Delegate Charles A. McClenahan, District 38

Delegate Maggie L. McIntosh, District 42

Delegate Robert A. McKee, District 2A

Delegate Pauline H. Menes, District 21

Delegate Van T. Mitchell, District 28

Delegate Kenneth C. Montague, Jr., District 43

Delegate Shirley Nathan-Pulliam, District 10

Delegate George W. Owings, III, District 27B

Delegate Obie Patterson, District 26

Delegate Wendell F. Phillips, District 41

Delegate Howard P. Rawlings, District 40

Delegate Samuel I. Rosenberg, District 42

Delegate Mary Rosso, District 31

Delegate David D. Rudolph, District 35B

Delegate Kenneth D. Schisler, District 37B

Delegate Mark K. Shriver, District 15

Delegate John F. Slade, III, District 29B

Delegate Joseph F. Vallario, Jr., District 27A

Delegate Mary Roe Walkup, District 36

Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF

COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U

FRANCHISES

INCOME TAX

INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS

REVENUE AND TAXES -see also specific taxes-

RULES AND REGULATIONS

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development

( 5-1301 )

Insurance

( 6-119 )

Tax - General

( 8-220 , 10-712 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)

Fiscal Note: Available (PDF)

Amendments:

House

Number: 225454/1 (PDF)     Offered on: February 17, 1999   at: 10:09 a.m.     Status: Adopted

Number: 515557/1 (PDF)     Offered on: February 16, 1999   at: 10:42 a.m.     Status: Adopted

Number: 603718/1 (PDF)     Offered on: February 17, 1999   at: 10:10 a.m.     Status: Rejected

Senate

Number: 229928/2 (PDF)     Offered on: April 12, 1999   at: 8:32 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

February 19, 1999: Third Reading Passed (131-0)

April 10, 1999: Third Reading Passed (138-0)

Senate

April 10, 1999: Third Reading Passed (47-0)