Legislation

Title: Tax Credits - Enterprise Zones, RISE Zones, and Maryland Jobs Development Projects
Sponsored by: Chair, Ways and Means Committee (By Request - Departmental - Commerce)
Status: In the House - Hearing 3/01 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering from 10 years to 5 years the length of time the designation of an enterprise zone is effective under the enterprise zone tax credit program; altering the tax credit that may be claimed under the Regional Institution Strategic Enterprise Zone program; establishing the Maryland Jobs Development Tax Credit that may be claimed against the income, franchise, and insurance premium taxes; providing for the calculation and refundability of the tax credit; applying the Act to all taxable years beginning after December 31, 2016; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2017

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 2/06/2017 Legislative Date 2/06/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Tax Credits - Enterprise Zones, RISE Zones, and Maryland Jobs Development Projects Proceedings
Chamber House Calendar Date 2/14/2017 Legislative Date 2/14/2017 Action Hearing 3/01 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/06/2017	2/06/2017	First Reading Ways and Means
			Text - First - Tax Credits - Enterprise Zones, RISE Zones, and Maryland Jobs Development Projects
House	2/14/2017	2/14/2017	Hearing 3/01 at 1:00 p.m.

File Code

Subjects

Statutes