MD HB1204 | 2024 | Regular Session

Note: Carry Over of previous HB398

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2024 - 25% progression, died in committee
Action: 2024-02-08 - Hearing 2/29 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering the definition of "qualified position" for purposes of eligibility for and the calculation of benefits under the One Maryland and More Jobs for Marylanders economic development programs; altering the definition of "qualified employee" for purposes of eligibility for and calculation of the credit against the income tax for certain business entities located in an enterprise zone; applying the Act to all taxable years beginning after December 31, 2023; etc.

Tracking Information

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Title

Economic Development Tax Credit Programs - Qualified Position and Qualified Employee - Definitions

Sponsors


History

DateChamberAction
2024-02-08HouseHearing 2/29 at 1:00 p.m.
2024-02-08HouseFirst Reading Ways and Means

Same As/Similar To

HB398 (Carry Over) 2023-01-31 - Hearing 2/16 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development6401(n/a)See Bill Text
Economic Development6403(n/a)See Bill Text
Economic Development6801(n/a)See Bill Text
Economic Development6804(n/a)See Bill Text
Tax - General10702(n/a)See Bill Text
Tax - General10741(n/a)See Bill Text

Maryland State Sources


Bill Comments

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