2006 Regular Session

HOUSE BILL 997

File Code: Taxes - Income Prior Year Introduction As: HB 1363/05 - W&M
Sponsored By:
Delegates Haddaway, Aumann, Bartlett, Boschert, Boteler, Bozman, Bromwell, Cardin, Cluster, Cryor, Donoghue, Dwyer, Eckardt, Edwards, Elliott, Elmore, Frank, Gilleland, Hogan, Impallaria, Krebs, McComas, McConkey, McKee, Myers, O'Donnell, Ramirez, Ross, Smigiel, Sossi, Stocksdale, Stull, Walkup, Weldon, and Wood
Entitled:
Income Tax - Credit for Hydrogen Fuel Cell Research and Development

Synopsis:

Allowing a credit against the Maryland income tax for specified hydrogen fuel cell research and development expenses incurred by an individual or corporation; providing for applications to the Department of Business and Economic Development for approval of the credit and certification by the Department to taxpayers of approved credit amounts; limiting the total amount of credits that the Department may approve for any calendar year to $3 million; etc.

History by Legislative Date

House Action
2/9
First Reading Ways and Means
2/17
Hearing 2/24 at 1:00 p.m.
3/20
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate Jeannie Haddaway, District 37B
Delegate Susan L. M. Aumann, District 42
Delegate Joseph R. Bartlett, District 4A
Delegate David G. Boschert, District 33A
Delegate Joseph C. Boteler, III, District 8
Delegate K. Bennett Bozman, District 38B
Delegate Eric M. Bromwell, District 8
Delegate Jon S. Cardin, District 11
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 D. Page Elmore, District 38A
Delegate William J. Frank, District 42
Delegate Terry R. Gilleland, Jr., District 32
Delegate Patrick N. Hogan, District 3A
Delegate Rick Impallaria, District 7
Delegate Susan W. Krebs, District 9B
Delegate Susan K. McComas, District 35B
Delegate Tony McConkey, District 33A
Delegate Robert A. McKee, District 2A
Delegate LeRoy E. Myers, Jr., District 1C
Delegate Anthony J. O'Donnell, District 29C
Delegate Victor R. Ramirez, District 47
Delegate Justin D. Ross, District 22
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 Mary Roe Walkup, District 36
Delegate Richard B. Weldon, Jr., District 3B
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMPTROLLER
ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
FUEL -see also- COAL
INCOME TAX
INDUSTRY AND TECHNOLOGY
RULES AND REGULATIONS
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Tax - General
( 10-205 , 10-205 , 10-306 , 10-306 , 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered