Legislation

Altering the definition of "qualified Maryland biotechnology company" to extend a specified period of time from a specified date that an active business may claim the biotechnology tax credit; altering the definition of "biotechnology company" to include a company that will be primarily engaged in, or within 2 months will be primarily engaged in, specified activities; providing for the revocation of a specified tax credit certificate and the recapture of the tax credit under specified circumstances; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0226

Introduced in a prior session as: HB1554 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2017

History

Legislation History
Chamber House Calendar Date 1/25/2017 Legislative Date 1/25/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition Proceedings
Chamber House Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/15 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/13/2017 Legislative Date 3/13/2017 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/14/2017 Legislative Date 3/11/2017 Action Favorable Adopted Second Reading Passed Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition Proceedings
Chamber House Calendar Date 3/15/2017 Legislative Date 3/12/2017 Action Third Reading Passed (135-4) Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2017 Legislative Date 3/16/2017 Action Referred Budget and Taxation Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/21/2017 Legislative Date 3/21/2017 Action Hearing 3/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2017 Legislative Date 4/04/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/04/2017 Legislative Date 3/29/2017 Action Favorable with Amendments {709236/1 Adopted Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2017 Legislative Date 3/29/2017 Action Second Reading Passed with Amendments Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2017 Legislative Date 3/30/2017 Action Third Reading Passed (46-0) Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action House Concurs Senate Amendments Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Third Reading Passed (132-6) Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition Proceedings
Chamber Post Passage Calendar Date 5/04/2017 Legislative Date 5/04/2017 Action Approved by the Governor - Chapter 475 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/25/2017	1/25/2017	First Reading Ways and Means
			Text - First - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
House	2/01/2017	2/01/2017	Hearing 2/15 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/13/2017	3/13/2017	Favorable Report by Ways and Means
House	3/14/2017	3/11/2017	Favorable Adopted Second Reading Passed	45 Click to view Recorded Media
			Text - Third - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
House	3/15/2017	3/12/2017	Third Reading Passed (135-4)	46 Click to view Recorded Media
Senate	3/16/2017	3/16/2017	Referred Budget and Taxation	45 Click to view Recorded Media
Senate	3/21/2017	3/21/2017	Hearing 3/23 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/04/2017	4/04/2017	Favorable with Amendments Report by Budget and Taxation
Senate	4/04/2017	3/29/2017	Favorable with Amendments {709236/1 Adopted	58 Click to view Recorded Media
Senate	4/04/2017	3/29/2017	Second Reading Passed with Amendments	58 Click to view Recorded Media
Senate	4/05/2017	3/30/2017	Third Reading Passed (46-0)	59 Click to view Recorded Media
House	4/08/2017	4/01/2017	House Concurs Senate Amendments	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Third Reading Passed (132-6)	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Passed Enrolled
			Text - Enrolled - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition
Post Passage	5/04/2017	5/04/2017	Approved by the Governor - Chapter 475
			Text - Chapter - Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition

File Code

Subjects

Statutes