CHAPTER NUMBER: 385
File Code: Economic and Community Development
- Sponsored By:
-
Delegate Taylor
- Entitled:
-
One Maryland Economic Development Tax Credits - Refunds - Businesses
Creating Higher Wage Jobs
Altering provisions of the One Maryland Economic Development Tax
Credits to accelerate the ability of a qualified business entity to
claim refunds and apply the credits in a specified manner if the pay
for the majority of qualified positions created is at least 250% of
the federal minimum wage; and applying the Act to any business entity
that first notifies the Department of Business and Economic
Development of its intent to seek certification for the tax credits on
or after July 1, 2002.
House Action
- 2/6
- First Reading Ways and Means
- 2/20
- Hearing 3/13 at 1:00 p.m.
- 3/21
- Favorable with Amendments Report by Ways and Means
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/22
- Third Reading Passed (135-3)
- 4/4
- Returned Passed
- 5/6
- Signed by the Governor Chapter 385
Senate Action
- 3/25
- First Reading Budget and Taxation
- 3/26
- Hearing 4/2 at 1:30 p.m.
- 4/5
- Favorable Report by Budget and Taxation
- 4/3
- Favorable Report Adopted
- Second Reading Passed
- 4/4
- Third Reading Passed (47-0)
- Bill indexed under the following Subjects:
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- NOTICES
- SALARIES -see also- OVERTIME
- TAX CREDITS -see also- CIRCUIT BREAKER
- WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1501 ,
5-1501 ,
5-1501
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 455960/1 (PDF) Offered on: March 21, 2002 at:
11:12 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 22, 2002: Third Reading Passed (135-3)
- Senate
- April 4, 2002: Third Reading Passed (47-0)
