File Code: Taxes - Income
- Sponsored By:
-
Senators Hogan, Astle, DeGrange, Dyson, Forehand, Garagiola,
Hafer, Jacobs, Kasemeyer, Klausmeier, Kramer, Middleton, Munson, and
Ruben
- Entitled:
-
Maryland Research and Development Tax Credit - Expansion and
Modification
Increasing the limits on the aggregate amount of income tax credits
that the Department of Business and Economic Development may approve
for the Maryland research and development tax credit in a calendar
year; altering the method utilized by the Department to award Maryland
research and development tax credits; requiring the Department to
adopt regulations that include specified factors; etc.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 2/15
- Hearing 3/1 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- Senator Patrick J. Hogan, District 39
- Senator John C. Astle, District 30
- Senator James E. DeGrange, Sr., District 32
- Senator Roy P. Dyson, District 29
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
- Senator John J. Hafer, District 1
- Senator Nancy Jacobs, District 34
- Senator Edward J. Kasemeyer, District 12
- Senator Katherine Klausmeier, District 8
- Senator Rona E. Kramer, District 14
- Senator Thomas M. Middleton, District 28
- Senator Donald F. Munson, District 2
- Senator Ida G. Ruben, District 20
Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- RULES AND REGULATIONS
- 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 Note (Displayed in PDF Format):
Available
- Amendments:
None offered
