HOUSE BILL 1197

Sponsored By:

Chair, Ways and Means Committee (By Request - Departmental - Business and Economic Development)

Entitled:

Business and Economic Development - Maryland Research and Development Tax Credit

Synopsis:

Providing for the continuation of the Maryland research and development tax credit if the federal research and development tax credit is repealed or terminates.

History by Legislative and Calendar Date

House Action

2/21

First Reading House Rules and Executive Nominations

2/26

Re-referred Ways and Means

2/28

Hearing 3/22 at 1:00 p.m.

3/24

Favorable Report by Ways and Means

3/21

Favorable Report Adopted

Second Reading Passed

3/22

Third Reading Passed (138-0)

4/1

Returned Passed

Senate Action

3/24

First Reading Budget and Taxation

3/29

Hearing 4/3 at 1:00 p.m.

4/5

Favorable Report by Budget and Taxation

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (47-0)

Action after passage in House and Senate

4/10

Approved by the Governor

- Chapter 90

Sponsored by:

Ways and Means Committee, Chair

Departmental

Business and Economic Development, Department of

Bill indexed under the following Subjects:

Income Tax

Industry and Technology

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General

( 10-721 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 22, 2007: Third Reading Passed (138-0)

Senate

April 2, 2007: Third Reading Passed (47-0)