Legislation

Title: One Maryland Economic Development Tax Credits - Business Incubators, Enterprise Zones, and Regional Institution Strategic Enterprise Zones
Sponsored by: Senators Ferguson, Astle, Guzzone, Kasemeyer, Klausmeier, Manno, Middleton, Ramirez, Rosapepe, Smith, Young, Zucker, Madaleno, Currie, DeGrange, Eckardt, King, McFadden, Peters, and Serafini
Status: In the House - Hearing 4/05 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering specified eligibility criteria for specified credits under the One Maryland Economic Development Tax Credit to include specified persons who establish or expand in specified areas a business facility that, for business incubators, creates at least 25 qualified positions at the facility under specified circumstances; authorizing specified business incubators to claim a refund of specified project tax credits or start-up tax credits; applying the Act retroactively to all taxable years beginning after December 31, 2015; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB1007

Introduced in a prior session as: SB0560 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2017

History

Legislation History
Chamber Senate Calendar Date 1/25/2017 Legislative Date 1/25/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - One Maryland Economic Development Tax Credits - Business Incubators, Enterprise Zones, and Regional Institution Strategic Enterprise Zones Proceedings
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/22 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/24/2017 Legislative Date 3/24/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/24/2017 Legislative Date 3/22/2017 Action Favorable with Amendments {209732/1 Adopted Proceedings 51 Click to view Recorded Media
Chamber Senate Calendar Date 3/24/2017 Legislative Date 3/22/2017 Action Second Reading Passed with Amendments Proceedings 51 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - One Maryland Economic Development Tax Credits - Business Incubators, Enterprise Zones, and Regional Institution Strategic Enterprise Zones Proceedings
Chamber Senate Calendar Date 3/27/2017 Legislative Date 3/23/2017 Action Third Reading Passed (46-0) Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 3/27/2017 Legislative Date 3/22/2017 Action Referred Rules and Executive Nominations Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 4/04/2017 Legislative Date 4/05/2017 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 4/04/2017 Legislative Date 4/04/2017 Action Hearing 4/05 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/25/2017	1/25/2017	First Reading Budget and Taxation
			Text - First - One Maryland Economic Development Tax Credits - Business Incubators, Enterprise Zones, and Regional Institution Strategic Enterprise Zones
Senate	2/01/2017	2/01/2017	Hearing 2/22 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/24/2017	3/24/2017	Favorable with Amendments Report by Budget and Taxation
Senate	3/24/2017	3/22/2017	Favorable with Amendments {209732/1 Adopted	51 Click to view Recorded Media
Senate	3/24/2017	3/22/2017	Second Reading Passed with Amendments	51 Click to view Recorded Media
			Text - Third - One Maryland Economic Development Tax Credits - Business Incubators, Enterprise Zones, and Regional Institution Strategic Enterprise Zones
Senate	3/27/2017	3/23/2017	Third Reading Passed (46-0)	52 Click to view Recorded Media
House	3/27/2017	3/22/2017	Referred Rules and Executive Nominations	56 Click to view Recorded Media
House	4/04/2017	4/05/2017	Rereferred to Ways and Means
House	4/04/2017	4/04/2017	Hearing 4/05 at 1:00 p.m.

File Code

Subjects

Statutes