MD HB1232 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2020 - 25% progression, died in chamber
Action: 2020-03-09 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2020 - 25% progression, died in chamber
Action: 2020-03-09 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing a credit against the State income tax, under certain circumstances, for certain taxpayers who incur certain qualified expenses for certain costs to purchase or acquire certain qualified child care property or who, during the taxable year, incur certain operational costs to provide child care services for the taxpayer's employees or to compensate certain child care providers; providing that the credit may not exceed a certain amount; allowing for the carryforward of the credit under certain circumstances; etc.
Title
Income Tax Credits - Employer Child Care Centers and Employer-Provided Child Care Services
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-03-09 | House | Unfavorable Report by Ways and Means; Withdrawn |
2020-03-05 | House | Hearing canceled |
2020-02-10 | House | Hearing 3/05 at 1:00 p.m. |
2020-02-07 | House | First Reading Ways and Means |
Subjects
Appropriations
Budgets
Child Care
Comptroller
Education, State Department of
Governor
Income Tax
Notices
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Work, Labor and Employment
Budgets
Child Care
Comptroller
Education, State Department of
Governor
Income Tax
Notices
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Work, Labor and Employment
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 751 | (n/a) | See Bill Text |
Tax - General | 10 | 752 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1232?ys=2020RS |
Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb1232f.pdf |