File Code: Taxes - Income
Crossfiled with: SENATE BILL 218
- Sponsored By:
-
The Speaker (By Request - Administration) and Delegates Aumann,
Bartlett, Bates, Boschert, Boteler, Cluster, Cryor, Donoghue, Dwyer,
Eckardt, Edwards, Elliott, Elmore, Frank, Gilleland, Glassman,
Haddaway, Hogan, Impallaria, Jennings, Kach, Kelly, Kohl, Krebs,
Leopold, Mayer, McComas, McConkey, McDonough, McKee, Miller, Myers,
O'Donnell, Parrott, Petzold, Quinter, Ross, Shank, Shewell, Smigiel,
Sossi, Stocksdale, Stull, Taylor, Trueschler, Weir, Weldon, and Zirkin
- Entitled:
-
Business and Economic Development - Research and Development Tax
Credit
Increasing from $3,000,000 to $5,000,000 the aggregate amount of
credits that may be approved by the Department of Business and
Economic Development for any calendar year for each component of the
Maryland research and development tax credit; limiting to $500,000 the
amount of credit that an individual or corporation may obtain in a
calendar year for each component of the credit; applying the Act to
taxable years beginning after December 31, 2006.
House Action
- 1/25
- First Reading Ways and Means
- 2/22
- Hearing 3/15 at 1:00 p.m.
- 4/8
- Favorable with Amendments Report by Ways and Means
- 4/4
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/5
- Third Reading Passed (139-0)
Senate Action
- 4/6
- First Reading Senate Rules
- 4/10
- Re-referred Budget and Taxation
- Favorable Report by Budget and Taxation
Sponsored by:
- Speaker of the House of Delegates
- Administration
- Delegate Susan L. M. Aumann, District 42
- Delegate Joseph R. Bartlett, District 4A
- Delegate Gail H. Bates, District 9A
- Delegate David G. Boschert, District 33A
- Delegate Joseph C. Boteler, III, District 8
- Delegate John W. E. Cluster, Jr., District 8
- Delegate Jean B. Cryor, District 15
- Delegate John P. Donoghue, District 2C
- Delegate Donald H. Dwyer, Jr., District 31
- Delegate Adelaide C. Eckardt, District 37B
- Delegate George C. Edwards, District 1A
- Delegate Donald B. Elliott, District 4B
- Delegate D. Page Elmore, District 38A
- Delegate William J. Frank, District 42
- Delegate Terry R. Gilleland, Jr., District 32
- Delegate Barry Glassman, District 35A
- Delegate Jeannie Haddaway, District 37B
- Delegate Patrick N. Hogan, District 3A
- Delegate Rick Impallaria, District 7
- Delegate J. B. Jennings, District 7
- Delegate Wade Kach, District 5B
- Delegate Kevin Kelly, District 1B
- Delegate Sheryl Davis Kohl, District 34A
- Delegate Susan W. Krebs, District 9B
- Delegate John R. Leopold, District 31
- Delegate Wm. Daniel Mayer, District 28
- Delegate Susan K. McComas, District 35B
- Delegate Tony McConkey, District 33A
- Delegate Pat McDonough, District 7
- Delegate Robert A. McKee, District 2A
- Delegate Warren E. Miller, District 9A
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Anthony J. O'Donnell, District 29C
- Delegate Joanne S. Parrott, District 35A
- Delegate Carol S. Petzold, District 19
- Delegate Neil F. Quinter, District 13
- Delegate Justin D. Ross, District 22
- Delegate Christopher B. Shank, District 2B
- Delegate Tanya T. Shewell, District 5A
- Delegate Michael D. Smigiel, Sr., District 36
- Delegate Richard A. Sossi, District 36
- Delegate Nancy R. Stocksdale, District 5A
- Delegate Paul S. Stull, District 4A
- Delegate Herman L. Taylor, Jr., District 14
- Delegate John G. Trueschler, District 42
- Delegate Michael H. Weir, Jr., District 6
- Delegate Richard B. Weldon, Jr., District 3B
- Delegate Bobby A. Zirkin, District 11
Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
- Tax - General
- (
10-721
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
House
- Number: 375866/02 (PDF) Offered on: April 8, 2006 at:
11:12 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
House
- April 5, 2006: Third Reading Passed (139-0)