Legislation

Establishing the Promoting ext-Raordinary Innovation in Maryland's Economy Program within the Department of Commerce to provide certain Fortune 100 companies tax credits and benefits for up to 10 years; requiring the Department to administer the Program; establishing the application and eligibility requirements for a business entity to qualify for tax credits and benefits under the Program; authorizing a credit against the State income tax for certain income of business entities certified under the Program; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media; Finance

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0989

Bill File Type: Regular

Effective Date(s): June 1, 2018

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 2/05/2018 Legislative Date 2/05/2018 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act) Proceedings
Chamber Senate Calendar Date 2/12/2018 Legislative Date 2/12/2018 Action Rereferred to Budget and Taxation and Finance Proceedings
Chamber Senate Calendar Date 2/14/2018 Legislative Date 2/14/2018 Action Hearing 2/28 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2018 Legislative Date 3/16/2018 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/16/2018 Legislative Date 3/16/2018 Action Favorable with Amendments {839230/1 Adopted Proceedings 48AClick to view Recorded Media
Chamber Senate Calendar Date 3/16/2018 Legislative Date 3/16/2018 Action Floor Amendment {263626/2 (Senator Rosapepe) Adopted Proceedings 48AClick to view Recorded Media
Chamber Senate Calendar Date 3/16/2018 Legislative Date 3/16/2018 Action Floor Amendment {663425/1 (Senator Rosapepe) Rejected (8-35) Proceedings 48AClick to view Recorded Media
Chamber Senate Calendar Date 3/16/2018 Legislative Date 3/16/2018 Action Second Reading Passed with Amendments Proceedings 48AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act) Proceedings
Chamber Senate Calendar Date 3/19/2018 Legislative Date 3/17/2018 Action Third Reading Passed (34-12) Proceedings 48CClick to view Recorded Media
Chamber House Calendar Date 3/20/2018 Legislative Date 3/16/2018 Action Referred Ways and Means Proceedings 50 Click to view Recorded Media
Chamber House Calendar Date 3/22/2018 Legislative Date 3/22/2018 Action Hearing 3/28 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 3/29/2018 Legislative Date 3/29/2018 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/29/2018 Legislative Date 3/22/2018 Action Favorable Adopted Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 3/29/2018 Legislative Date 3/22/2018 Action Motion Special Order until 3/30 (Delegate Kaiser) Adopted Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 4/03/2018 Legislative Date 3/25/2018 Action Second Reading Passed Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/04/2018 Legislative Date 3/26/2018 Action Motion Vote Previous Question (Delegate Ebersole) Adopted Proceedings 60 Click to view Recorded Media
Chamber House Calendar Date 4/04/2018 Legislative Date 3/26/2018 Action Third Reading Passed (78-60) Proceedings 60 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2018 Legislative Date 3/31/2018 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/25/2018 Legislative Date 4/25/2018 Action Approved by the Governor - Chapter 350 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2018	2/05/2018	First Reading Senate Rules
			Text - First - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
Senate	2/12/2018	2/12/2018	Rereferred to Budget and Taxation and Finance
Senate	2/14/2018	2/14/2018	Hearing 2/28 at 1:00 p.m. (Budget and Taxation)
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/16/2018	3/16/2018	Favorable with Amendments Report by Budget and Taxation
Senate	3/16/2018	3/16/2018	Favorable with Amendments {839230/1 Adopted	48AClick to view Recorded Media
Senate	3/16/2018	3/16/2018	Floor Amendment {263626/2 (Senator Rosapepe) Adopted	48AClick to view Recorded Media
Senate	3/16/2018	3/16/2018	Floor Amendment {663425/1 (Senator Rosapepe) Rejected (8-35)	48AClick to view Recorded Media
Senate	3/16/2018	3/16/2018	Second Reading Passed with Amendments	48AClick to view Recorded Media
			Text - Third - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
Senate	3/19/2018	3/17/2018	Third Reading Passed (34-12)	48CClick to view Recorded Media
House	3/20/2018	3/16/2018	Referred Ways and Means	50 Click to view Recorded Media
House	3/22/2018	3/22/2018	Hearing 3/28 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/29/2018	3/29/2018	Favorable Report by Ways and Means
House	3/29/2018	3/22/2018	Favorable Adopted	56 Click to view Recorded Media
House	3/29/2018	3/22/2018	Motion Special Order until 3/30 (Delegate Kaiser) Adopted	56 Click to view Recorded Media
House	4/03/2018	3/25/2018	Second Reading Passed	59 Click to view Recorded Media
House	4/04/2018	3/26/2018	Motion Vote Previous Question (Delegate Ebersole) Adopted	60 Click to view Recorded Media
House	4/04/2018	3/26/2018	Third Reading Passed (78-60)	60 Click to view Recorded Media
Senate	4/05/2018	3/31/2018	Returned Passed	62 Click to view Recorded Media
Post Passage	4/25/2018	4/25/2018	Approved by the Governor - Chapter 350
			Text - Chapter - Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)

File Code

Subjects

Statutes