File Code: Taxes - Income
Prior Year Introduction As: SB 431/02 - B&T
Crossfiled with: HOUSE BILL 834
- Sponsored By:
-
Senator Jones
- Entitled:
-
Income Tax - Maryland Biotechnology Tax Benefit Certificate Program
Creating the Maryland Biotechnology Tax Benefit Certificate Program to
be administered by the Department of Business and Economic
Development; establishing an application process for the transfer of
specified tax benefits by biotechnology companies under the Program;
requiring the Department to evaluate applications under the Program
based on specified criteria; providing that biotechnology companies
may surrender tax benefits in exchange for private financial
assistance; etc.
Senate Action
- 2/20
- First Reading Senate Rules
- 2/23
- Re-referred Budget and Taxation
- 3/8
- Hearing 3/23 at 1:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- COMPTROLLER
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
- LOANS -see also- MORTGAGES
- RULES AND REGULATIONS
- SUNSET
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-1901 ,
5-1902 ,
5-1903 ,
5-1904 ,
5-1905 ,
5-1906 ,
5-1907
)
- Tax - General
- (
10-305 ,
10-721 ,
10-726
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
