File Code: Taxes - Income
Prior Year Introduction As: HB 984/06 - W&M
Crossfiled with: HOUSE BILL 46
- Sponsored By:
-
Senators Hogan, Astle, Colburn, DeGrange, Della, Dyson, Forehand,
Garagiola, Jacobs, Jones, Kasemeyer, Klausmeier, Kramer, Lenett, Madaleno,
Middleton, Munson, and Stone
- Entitled:
-
Income Tax - Research and Development Tax Credits - Modifications
Increasing the aggregate amount of income tax credits for Maryland
qualified research and development expenses that may be approved by
the Department of Business and Economic Development each year from
$6,000,000 to $12,000,000; and applying the Act to taxable years after
2006.
Senate Action
- 1/29
- First Reading Budget and Taxation
- Hearing 2/7 at 1:00 p.m.
- 3/12
- Unfavorable Report by Budget and Taxation
House Action
- No Action
Sponsored by:
- Senator Patrick J. Hogan, District 39
- Senator John C. Astle, District 30
- Senator Richard F. Colburn, District 37
- Senator James E. DeGrange, Sr., District 32
- Senator George W. Della, Jr., District 46
- Senator Roy P. Dyson, District 29
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
- Senator Nancy Jacobs, District 34
- Senator Verna L. Jones, District 44
- Senator Edward J. Kasemeyer, District 12
- Senator Katherine Klausmeier, District 8
- Senator Rona E. Kramer, District 14
- Senator Mike Lenett, District 19
- Senator Richard S. Madaleno, Jr., District 18
- Senator Thomas M. Middleton, District 28
- Senator Donald F. Munson, District 2
- Senator Norman R. Stone, Jr., District 6
Bill indexed under the following Subjects:
- Business and Economic Development, Department of
- Income Tax
- Industry and Technology
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
10-721
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
