Legislation

Title: St. Mary's County - County Income Tax - Credit for Employees of Targeted Businesses
Sponsored by: St. Mary's County Delegation
Status: In the House - Hearing 2/27 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the governing body of St. Mary's County to allow, by law, certain individuals employed by certain business entities targeted for expansion in the county to claim a tax credit in an amount up to $1,000 against the county income tax; prohibiting an individual from claiming the tax credit for more than 7 consecutive taxable years; requiring the county to notify the Comptroller by a certain date if the tax credit is authorized; applying the Act to taxable years beginning after December 31, 2018; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - St. Mary's County - County Income Tax - Credit for Employees of Targeted Businesses Proceedings
Chamber House Calendar Date 2/11/2019 Legislative Date 2/11/2019 Action Hearing 2/27 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - St. Mary's County - County Income Tax - Credit for Employees of Targeted Businesses
House	2/11/2019	2/11/2019	Hearing 2/27 at 1:00 p.m.

File Code

Subjects

Statutes