MD HB1508 | 2024 | Regular Session
Status
Spectrum: Committee Bill
Status: Introduced on February 21 2024 - 25% progression, died in committee
Action: 2024-03-12 - Hearing 3/12 at 2:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 21 2024 - 25% progression, died in committee
Action: 2024-03-12 - Hearing 3/12 at 2:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the termination date of the Job Creation Tax Credit Program from 2027 to 2025; providing for the termination date for the One Maryland Economic Development Tax Credit Program on January 1, 2025; establishing the Maryland Jobs Development Tax Credit Program in the Department of Commerce to allow certain qualified business entities to receive credits against the State income tax for creating a certain number of qualified positions or for carrying out a high impact economic development project in the State; etc.
Title
Department of Commerce - Employer Tax Credit Programs - Alterations and Establishment
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-12 | House | Hearing 3/12 at 2:00 p.m. |
| 2024-03-12 | House | Hearing canceled |
| 2024-03-12 | House | Hearing 3/12 at 1:30 p.m. |
| 2024-03-12 | House | Hearing canceled |
| 2024-03-05 | House | Hearing 3/12 at 1:00 p.m. |
| 2024-03-04 | House | Rereferred to Ways and Means |
| 2024-02-21 | House | First Reading House Rules and Executive Nominations |
Subjects
Assessments
Boundaries
Certifications
Commerce and Business
Commerce, Department of
Committees and Commissions
Comptroller
Economic Development
Forms
Income Tax
Industry and Technology
Notices
Privacy
Salaries and Compensation
Tax Credits
Taxes - Income
Time
Work, Labor, and Employment
Boundaries
Certifications
Commerce and Business
Commerce, Department of
Committees and Commissions
Comptroller
Economic Development
Forms
Income Tax
Industry and Technology
Notices
Privacy
Salaries and Compensation
Tax Credits
Taxes - Income
Time
Work, Labor, and Employment
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Economic Development | 1 | 101 | (n/a) | See Bill Text |
| Economic Development | 6 | 309 | (n/a) | See Bill Text |
| Economic Development | 6 | 407 | (n/a) | See Bill Text |
| Economic Development | 6 | 701 | (n/a) | See Bill Text |
| Economic Development | 6 | 702 | (n/a) | See Bill Text |
| Economic Development | 6 | 703 | (n/a) | See Bill Text |
| Economic Development | 6 | 704 | (n/a) | See Bill Text |
| Economic Development | 6 | 705 | (n/a) | See Bill Text |
| Economic Development | 6 | 706 | (n/a) | See Bill Text |
| Economic Development | 6 | 707 | (n/a) | See Bill Text |
| Economic Development | 6 | 708 | (n/a) | See Bill Text |
| Tax - General | 10 | 758 | (n/a) | See Bill Text |
