Legislation
- Title
- End Ineffective Business Subsidies Act of 2020
- Sponsored by
- Delegates Palakovich Carr, Acevero, Barron, Boyce, Carr, Charkoudian, Cullison, Hettleman, Ivey, Korman, Lehman, R. Lewis, Moon, Mosby, Pena-Melnyk, Shetty, Smith, Solomon, Stewart, Wilkins, and K. Young
- Status
- In the House - Hearing 2/12 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting the Secretary of Commerce from designating or expanding certain enterprise zones and focus areas on or after June 1, 2020; providing for the termination of the One Maryland Economic Development Tax Credit Program on January 1, 2022; applying the Opportunity Zone Enhancement Program to taxable years 2019 through 2021; prohibiting the Department of Commerce from issuing tax credit certificates to certain investors in certain biotechnology companies on or after January 1, 2022; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): June 1, 2020
History
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File Code
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Subjects
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Statutes
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(
5-702, 5-708, 6-1002, 6-407 )
(
10-725 )
(
9-103 )
Last Updated: 9/22/2020 1:40 PM