Legislation

Title: Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
Sponsored by: Senators King, Currie, DeGrange, Feldman, Ferguson, Guzzone, Madaleno, Manno, Middleton, Peters, Young, and McFadden
Status: In the House - Favorable with Amendments Report by Ways and Means
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Increasing the maximum total amount of research and development tax credits that the Department of Economic Competitiveness and Commerce may approve; and applying the Act to all Maryland research and development tax credits certified after December 15, 2015.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0477

Introduced in a prior session as: SB0488 Session: 2015 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 1/20/2016 Legislative Date 1/21/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/21/2016 Legislative Date 1/21/2016 Action Hearing 2/03 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing 2/03 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 3/16/2016 Legislative Date 3/17/2016 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/17/2016 Legislative Date 3/17/2016 Action Favorable with Amendments {879530/1 Report Adopted Proceedings 46
Chamber Senate Calendar Date 3/17/2016 Legislative Date 3/17/2016 Action Second Reading Passed with Amendments Proceedings 46
Chamber Senate Calendar Date 3/18/2016 Legislative Date 3/18/2016 Action Third Reading Passed (46-0) Proceedings 47
Chamber House Calendar Date 3/21/2016 Legislative Date 3/18/2016 Action First Reading Ways and Means Proceedings 50
Chamber House Calendar Date 3/28/2016 Legislative Date 3/28/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/11/2016 Legislative Date 4/11/2016 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/11/2016 Legislative Date 4/09/2016 Action Favorable with Amendments Proceedings 72

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/20/2016	1/21/2016	First Reading Budget and Taxation
Senate	1/21/2016	1/21/2016	Hearing 2/03 at 1:00 p.m.
Senate	1/27/2016	1/27/2016	Hearing cancelled
Senate	1/27/2016	1/27/2016	Hearing 2/03 at 2:00 p.m.
Senate	3/16/2016	3/17/2016	Favorable with Amendments Report by Budget and Taxation
Senate	3/17/2016	3/17/2016	Favorable with Amendments {879530/1 Report Adopted	46
Senate	3/17/2016	3/17/2016	Second Reading Passed with Amendments	46
Senate	3/18/2016	3/18/2016	Third Reading Passed (46-0)	47
House	3/21/2016	3/18/2016	First Reading Ways and Means	50
House	3/28/2016	3/28/2016	Hearing 3/29 at 1:00 p.m.
House	4/11/2016	4/11/2016	Favorable with Amendments Report by Ways and Means
House	4/11/2016	4/09/2016	Favorable with Amendments	72

Documents

Date Posted	Document Name
3/17/2016	Amendments Senate - (Budget and Taxation) {879530/01 Adopted
1/21/2016	Text - First - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
3/17/2016	Text - Third - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
3/16/2016	Vote - Senate - Committee - Budget and Taxation
4/11/2016	Vote - House - Committee - Ways and Means
3/18/2016	Vote - Senate Floor - Third Reading Passed (46-0) - 03/18/16

File Code

Subjects

Statutes