File Code: Taxes - Income
Crossfiled with: SENATE BILL 570
- Sponsored By:
-
Delegate Barve
- Entitled:
-
Income Tax Credit - Qualified Research and Development Expenses - Small
Business Refund
Defining "small business" as it relates to a refund in connection with
a credit against the State income tax for specified research and
development expenses incurred by an individual or corporation;
altering the total amount of credits that the Department of Business
and Economic Development may approve in a calendar year; providing
that specified unused credits may be claimed as a refund; and applying
the Act to Maryland research and development tax credits certified
after December 15, 2012.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/10
- First Reading Ways and Means
- 2/15
- Hearing 3/6 at 1:00 p.m.
Senate Action
- No Action
Bill indexed under the following Subjects:
- Business and Economic Development, Department of
- Income Tax
- Industry and Technology
- Small Business
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
10-721
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
