2009 Regular Session

HOUSE BILL 1328

File Code: Taxes - Income
Sponsored By:
Delegates Cardin, Bromwell, Lafferty, Morhaim, Olszewski, Schuler, and Stein
Entitled:
Baltimore County - Income Tax - Biotechnology Investment Credit

Synopsis:

Authorizing Baltimore County to allow an individual to claim a credit against the county income tax for specified investments in qualified Maryland biotechnology companies; requiring the county to provide for the administration of the credit; requiring the county to provide for the amount of the credit; authorizing the county to limit the credit to only investments in companies located in the county; allowing the county to make the credit refundable; applying the Act to taxable years beginning after December 31, 2009; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/18
First Reading House Rules and Executive Nominations
Senate Action
No Action

Sponsored by:

Delegate Jon S. Cardin, District 11
Delegate Eric M. Bromwell, District 8
Delegate Stephen W. Lafferty, District 42
Delegate Dan K. Morhaim, District 11
Delegate John A. Olszewski, Jr., District 6
Delegate Todd Schuler, District 8
Delegate Dana Stein, District 11

Bill indexed under the following Subjects:

Baltimore County
Comptroller
Income Tax
Industry and Technology
Investments -see also- Securities
Laws and Ordinances -see also- Pub Local Laws; Uniform Laws.
Notices
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-725 )

Documents:

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