Legislation

Establishing the Promoting ext-Raordinary Innovation in Maryland's Economy Program within the Department of Commerce to provide certain Fortune 100 companies tax credits and benefits for up to 10 years; requiring the Department to administer the Program; establishing the application and eligibility requirements for a business entity to qualify for tax credits and benefits under the Program; authorizing a credit against the State income tax for certain income of business entities certified under the Program; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0877

Bill File Type: Regular

Effective Date(s): June 1, 2018

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 2/07/2018 Legislative Date 2/07/2018 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act) Proceedings
Chamber House Calendar Date 2/08/2018 Legislative Date 2/08/2018 Action Hearing 2/28 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/07/2018	2/07/2018	First Reading Ways and Means
			Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
House	2/08/2018	2/08/2018	Hearing 2/28 at 1:00 p.m.

File Code

Subjects

Statutes