2001 Regular Session

SENATE BILL 232

CHAPTER NUMBER: 364 File Code: Taxes - Income Crossfiled with: HOUSE BILL 269
Sponsored By:
Senators Hoffman and Hogan
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

Senate Action
1/24
First Reading Budget and Taxation
Hearing 2/7 at 1:30 p.m.
2/5
Hearing cancelled
Hearing 2/7 at 2:00 p.m.
2/13
Favorable Report by Budget and Taxation
2/15
Favorable Report Adopted
Second Reading Passed
2/19
Third Reading Passed (46-0)
4/2
Returned Passed
5/15
Signed by the Governor Chapter 364
House Action
2/20
First Reading Ways and Means
3/14
Hearing 3/29 at 1:00 p.m.
4/4
Favorable Report by Ways and Means
3/30
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (137-1)
Sponsored by:
Senator Barbara A. Hoffman, District 42
Senator Patrick J. Hogan, District 39
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):
Senate
February 19, 2001: Third Reading Passed (46-0)
House
March 31, 2001: Third Reading Passed (137-1)