Legislation

Title: Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
Sponsored by: Delegates Feldman, Afzali, Aumann, Barkley, Barve, Boteler, Dumais, George, Impallaria, A. Kelly, Lee, and Luedtke
Status: Approved by the Governor - Chapter 76
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering the definition of "qualified Maryland biotechnology company" for purposes of the biotechnology investment tax credit to include a company that has been in active business no longer than 10 years from the date the company first received a qualified investment; and applying the Act to initial tax credit certificates issued after June 30, 2013.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0779

Bill File Type: Regular

Effective Date(s): June 1, 2013

History

Legislation History
Chamber House Calendar Date 1/23/2013 Legislative Date 1/24/2013 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/25/2013 Legislative Date 1/25/2013 Action Hearing 2/26 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/18/2013 Legislative Date 3/19/2013 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/20/2013 Legislative Date 3/17/2013 Action Favorable with Amendments {685267/1 Report Adopted Proceedings 50
Chamber House Calendar Date 3/20/2013 Legislative Date 3/17/2013 Action Second Reading Passed with Amendments Proceedings 50
Chamber House Calendar Date 3/21/2013 Legislative Date 3/18/2013 Action Third Reading Passed (108-29) Proceedings 51
Chamber Senate Calendar Date 3/22/2013 Legislative Date 3/20/2013 Action First Reading Budget and Taxation Proceedings 51
Chamber Senate Calendar Date 3/25/2013 Legislative Date 3/25/2013 Action Hearing 3/28 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 4/01/2013 Legislative Date 4/01/2013 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/02/2013 Legislative Date 3/28/2013 Action Favorable with Amendments {509437/1 Report Adopted Proceedings 59
Chamber Senate Calendar Date 4/02/2013 Legislative Date 3/28/2013 Action Second Reading Passed with Amendments Proceedings 59
Chamber Senate Calendar Date 4/03/2013 Legislative Date 3/29/2013 Action Third Reading Passed with Amendments (47-0) Proceedings 60
Chamber House Calendar Date 4/04/2013 Legislative Date 3/30/2013 Action House Concur - Senate Amendments Proceedings 63
Chamber House Calendar Date 4/04/2013 Legislative Date 3/30/2013 Action Third Reading Passed (114-23) Proceedings 63
Chamber House Calendar Date 4/04/2013 Legislative Date 3/30/2013 Action Passed Enrolled Proceedings 63
Chamber Post Passage Calendar Date 4/09/2013 Legislative Date 4/09/2013 Action Approved by the Governor - Chapter 76 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/23/2013	1/24/2013	First Reading Ways and Means
House	1/25/2013	1/25/2013	Hearing 2/26 at 1:00 p.m.
House	3/18/2013	3/19/2013	Favorable with Amendments Report by Ways and Means
House	3/20/2013	3/17/2013	Favorable with Amendments {685267/1 Report Adopted	50
House	3/20/2013	3/17/2013	Second Reading Passed with Amendments	50
House	3/21/2013	3/18/2013	Third Reading Passed (108-29)	51
Senate	3/22/2013	3/20/2013	First Reading Budget and Taxation	51
Senate	3/25/2013	3/25/2013	Hearing 3/28 at 2:00 p.m.
Senate	4/01/2013	4/01/2013	Favorable with Amendments Report by Budget and Taxation
Senate	4/02/2013	3/28/2013	Favorable with Amendments {509437/1 Report Adopted	59
Senate	4/02/2013	3/28/2013	Second Reading Passed with Amendments	59
Senate	4/03/2013	3/29/2013	Third Reading Passed with Amendments (47-0)	60
House	4/04/2013	3/30/2013	House Concur - Senate Amendments	63
House	4/04/2013	3/30/2013	Third Reading Passed (114-23)	63
House	4/04/2013	3/30/2013	Passed Enrolled	63
Post Passage	4/09/2013	4/09/2013	Approved by the Governor - Chapter 76

Documents

Date Posted	Document Name
4/02/2013	Amendments Senate - (Budget and Taxation) {509437/01 Adopted
3/20/2013	Amendments House - (Ways and Means) {685267/01 Adopted
1/24/2013	Text - First - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
3/20/2013	Text - Third - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
4/05/2013	Text - Enrolled - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
4/18/2013	Text - Chapter - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
3/19/2013	Vote - House - Committee - Ways and Means
4/01/2013	Vote - Senate - Committee - Budget and Taxation
3/18/2013	Vote - House Floor - Third Reading Passed (108-29) - 03/18/13
3/30/2013	Vote - House Floor - Third Reading Passed (114-23) - 03/30/13
3/29/2013	Vote - Senate Floor - Third Reading Passed (47-0) - 03/29/13

File Code

Subjects

Statutes