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Legislation


1999 Regular Session

SENATE BILL 435

File Code: Income
Sponsored By:
Senator Conway
Entitled:
Income Tax - Credit for Youth Apprenticeships

Synopsis:

Allowing a credit against the State income tax for wages paid by business entities to apprentices hired under a youth apprenticeship program established by the Better Waverly Community Organization in which underprivileged youths aged 16 to 22 are hired by business entities to improve low to moderately valued homes in the Waverly community of Baltimore City; providing that the credit equals 25% of the wages paid to the apprentices; and providing for refunds if the credit exceeds the total tax otherwise payable for a taxable year.

History by Legislative Date

Senate Action
2/5
First Reading Budget and Taxation
2/10
Hearing 2/24 at 1:30 p.m.
3/22
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subjects:
APPRENTICES
BALTIMORE CITY
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
INCOME TAX
SALARIES -see also- OVERTIME
TAX CREDITS -see also- CIRCUIT BREAKER
WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.
YOUTH -see also- JUVENILE CAUSES; MINORS
Bill affects the following Statute:
Tax - General
( 10-712 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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