Legislation

Title: Income Tax – Business and Economic Development Tax Credits – Termination, Alteration, and Evaluation
Sponsored by: Delegates Kaiser, Feldmark, Palakovich Carr, Washington, and Wilkins
Status: In the Senate - First Reading Budget and Taxation
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Repealing certain provisions of law authorizing and governing a credit against the State income tax for certain expenses incurred for certain cellulosic ethanol technology research and development activities; prohibiting the Secretary of Commerce from designating or expanding certain enterprise zones and focus areas; requiring the Department of Legislative Services to conduct an evaluation of a State tax credit, exemption, or preference, or an aspect of a State tax credit, exemption, or preferences, under certain circumstances; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): June 1, 2020, July 1, 2021

History

Legislation History
Chamber House Calendar Date 1/27/2020 Legislative Date 1/27/2020 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/28/2020 Legislative Date 1/28/2020 Action Hearing 2/13 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Business and Economic Development Tax Credits - Termination Proceedings
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Hearing canceled Proceedings
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Hearing 2/12 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 3/13/2020 Legislative Date 3/13/2020 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/13/2020 Legislative Date 3/10/2020 Action Favorable with Amendments {355862/1 Adopted Proceedings 47AClick to view Recorded Media
Chamber House Calendar Date 3/13/2020 Legislative Date 3/10/2020 Action Second Reading Passed with Amendments Proceedings 47AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax – Business and Economic Development Tax Credits – Termination, Alteration, and Evaluation Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/11/2020 Action Third Reading Passed (82-47) Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Referred Budget and Taxation Proceedings 49 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/27/2020	1/27/2020	First Reading Ways and Means
House	1/28/2020	1/28/2020	Hearing 2/13 at 1:00 p.m.
			Text - First - Income Tax - Business and Economic Development Tax Credits - Termination
House	1/29/2020	1/29/2020	Hearing canceled
House	1/29/2020	1/29/2020	Hearing 2/12 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/13/2020	3/13/2020	Favorable with Amendments Report by Ways and Means
House	3/13/2020	3/10/2020	Favorable with Amendments {355862/1 Adopted	47AClick to view Recorded Media
House	3/13/2020	3/10/2020	Second Reading Passed with Amendments	47AClick to view Recorded Media
			Text - Third - Income Tax – Business and Economic Development Tax Credits – Termination, Alteration, and Evaluation
House	3/14/2020	3/11/2020	Third Reading Passed (82-47)	48 Click to view Recorded Media
Senate	3/15/2020	3/10/2020	Referred Budget and Taxation	49 Click to view Recorded Media

File Code

Subjects

Statutes