MD HB1047 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Hearing: Feb 20 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Hearing: Feb 20 @ 1:00 pm House Ways and Means Hearing
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the definition of "eligible apprentice" for purposes of a certain credit against the State income tax for the employment of certain eligible apprentices by repealing a certain wage requirement; extending the termination of the credit until June 30, 2031; and applying the Act to taxable years beginning after December 31, 2024.
Title
Income Tax - Credit for Employers of Eligible Apprentices - Alterations
Sponsors
Del. Chao Wu [D] | Del. Ryan Spiegel [D] | Del. Teresa Woorman [D] |
History
Date | Chamber | Action |
---|---|---|
2025-02-05 | House | Hearing 2/20 at 1:00 p.m. |
2025-02-05 | House | First Reading Ways and Means |
Same As/Similar To
SB325 (Crossfiled) 2025-01-15 - Hearing 1/22 at 10:30 a.m.
Subjects
Apprentices
Income Tax
Labor, Department of
Revenue and Taxes
Salaries and Compensation
Sunset
Tax Credits
Taxes - Income
Income Tax
Labor, Department of
Revenue and Taxes
Salaries and Compensation
Sunset
Tax Credits
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Chapter of the Acts | 2017 | (n/a) | See Bill Text | |
Chapter of the Acts | 2020 | (n/a) | See Bill Text | |
Tax - General | 10 | 742 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1047?ys=2025RS |
Text | https://mgaleg.maryland.gov/2025RS/bills/hb/hb1047f.pdf |