- Title
- Department of Commerce - Employer Tax Credit Programs - Alterations and Establishment
- Sponsored by
- Chair, Ways and Means Committee (By Request - Departmental - Commerce)
- Status
- In the House - Hearing 3/12 at 2:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the termination date of the Job Creation Tax Credit Program from 2027 to 2025; providing for the termination date for the One Maryland Economic Development Tax Credit Program on January 1, 2025; establishing the Maryland Jobs Development Tax Credit Program in the Department of Commerce to allow certain qualified business entities to receive credits against the State income tax for creating a certain number of qualified positions or for carrying out a high impact economic development project in the State; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2024
By Request of the Governor
History
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Statutes
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(
10-758 )
Last Updated: 4/15/2024 3:06 PM