CHAPTER NUMBER: 729
File Code: Taxes - Miscellaneous
- Sponsored By:
-
Delegates Taylor and Rawlings
- Entitled:
-
One Maryland Economic Development Tax Credits - Insurers and
Tax-Exempt Organizations
Clarifying that specified tax-exempt organizations are included in the
definition of "qualified business entity" for the purposes of the One
Maryland Economic Development tax credits allowed for specified costs
of economic development projects and specified start-up costs;
providing that a person subject to the insurance premiums tax may
claim the One Maryland Economic Development tax credit against the
premium tax for costs of specified economic development projects; etc.
House Action
- 3/1
- First Reading House Rules and Executive Nominations
- 3/2
- Re-referred Economic Matters
- 3/8
- Re-referred Ways and Means & Economic Matters
- 3/12
- Hearing 3/15 at 1:00 p.m.
- 3/26
- Favorable with Amendments Report by Ways and Means
- 3/22
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/24
- Third Reading Passed (133-2)
- 4/3
- Returned Passed
- 5/18
- Signed by the Governor Chapter 729
Senate Action
- 3/27
- First Reading Budget and Taxation
- Hearing 4/2 at 2:30 p.m.
- 4/6
- Favorable Report by Budget and Taxation
- 4/3
- Favorable Report Adopted
- Second Reading Passed
- 4/4
- Third Reading Passed (46-0)
- Sponsored by:
- Delegate Casper R. Taylor, Jr., District 1C
- Delegate Howard P. Rawlings, District 40
- Bill indexed under the following Subjects:
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- EXEMPTIONS
- FORMS
- INCOME TAX
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- NONPROFIT ORGANIZATIONS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1501 ,
5-1501 ,
5-1501
)
- Insurance
- (
6-119
)
- Tax - General
- (
10-714 ,
10-809 ,
10-812
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 285968/1 (PDF) Offered on: March 26, 2001 at:
2:22 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 24, 2001: Third Reading Passed (133-2)
- Senate
- April 4, 2001: Third Reading Passed (46-0)