File Code: Taxes - Income
Crossfiled with: HOUSE BILL 1098
- Sponsored By:
-
Senators Hogan and Teitelbaum (Montgomery County Administration)
- Entitled:
-
Maryland Biotechnology Companies - Tax Benefit Certificate Program
Creating the Maryland Biotechnology Tax Benefit Certificate Program;
establishing criteria for approval of applications; providing that new
or expanding biotechnology companies may surrender net operating loss
and research and development tax benefits in exchange for private
financial assistance; establishing an addition modification to, and a
credit against, the corporate income tax; etc.
Senate Action
- 2/14
- First Reading Senate Rules
- 2/21
- Re-referred Budget and Taxation
- Hearing 3/21 at 1:30 p.m.
- 2/28
- Hearing cancelled
- Hearing 3/16 at 1:30 p.m.
- 3/20
- Referred to interim study by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator Patrick J. Hogan, District 39
- Senator Leonard H. Teitelbaum, District 19
- Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
- LOANS -see also- MORTGAGES
- RULES AND REGULATIONS
- SUNSET
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1701 ,
5-1702 ,
5-1703 ,
5-1704 ,
5-1705 ,
5-1706 ,
5-1707
)
- Tax - General
- (
10-305 ,
10-721 ,
10-722
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered