HOUSE BILL 269

File Code: Taxes - Income Crossfiled with: SENATE BILL 232

Sponsored By:

Delegate Hixson

Entitled:

Maryland Research and Development Tax Credit - Addition Modification for Corporations

Synopsis:

Providing an addition modification under the Maryland corporate income tax if a Maryland research and development tax credit is claimed; and applying the Act to tax years beginning after 1999.

History by Legislative Date

House Action

1/25

First Reading Ways and Means

2/7

Hearing 2/21 at 11:00 a.m.

3/5

Favorable Report by Ways and Means

3/6

Favorable Report Adopted

Second Reading Passed

3/8

Third Reading Passed (135-3)

4/1

Returned Passed

5/17

Governor vetoed - Cross-filed bill was signed

Senate Action

3/9

First Reading Budget and Taxation

4/3

Favorable Report by Budget and Taxation

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

INCOME TAX

INDUSTRY AND TECHNOLOGY

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Tax - General

( 10-205 , 10-306 , 10-306 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 8, 2001: Third Reading Passed (135-3)

Senate

April 2, 2001: Third Reading Passed (46-0)