MD HB386 | 2013 | Regular Session
Status
Completed Legislative Action
Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Passed on April 9 2013 - 100% progression
Action: 2013-04-09 - Approved by the Governor - Chapter 109
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Passed on April 9 2013 - 100% progression
Action: 2013-04-09 - Approved by the Governor - Chapter 109
Text: Latest bill text (Chaptered) [PDF]
Summary
Defining "small business" as it relates to a refund in connection with a credit against the State income tax for research and development expenses incurred by an individual or corporation; altering the amount of research and development credits that the Department of Business and Economic Development may approve in a calendar year; providing that specified unused credits may be claimed as a refund; and applying the Act to Maryland research and development tax credits certified after December 15, 2012.
Title
Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts and Small Business Refund
Sponsors
Roll Calls
2013-04-02 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2013-03-21 - House - House Floor - Third Reading Passed (103-27) (Y: 103 N: 27 NV: 3 Abs: 8) [PASS]
2013-03-21 - House - House Floor - Third Reading Passed (103-27) (Y: 103 N: 27 NV: 3 Abs: 8) [PASS]
History
Date | Chamber | Action |
---|---|---|
2013-04-09 | House | Approved by the Governor - Chapter 109 |
2013-04-08 | House | Returned Passed |
2013-04-08 | Senate | Third Reading Passed (47-0) |
2013-04-05 | Senate | Second Reading Passed |
2013-04-05 | Senate | Favorable Report Adopted |
2013-04-05 | Senate | Favorable Report by Budget and Taxation |
2013-04-03 | Senate | Hearing 4/03 at 1:00 p.m. |
2013-03-25 | Senate | First Reading Budget and Taxation |
2013-03-25 | House | Third Reading Passed (103-27) |
2013-03-22 | House | Second Reading Passed with Amendments |
2013-03-22 | House | Favorable with Amendments {685460/1 Report Adopted |
2013-03-22 | House | Favorable with Amendments Report by Ways and Means |
2013-02-26 | House | Hearing 2/26 at 1:00 p.m. |
2013-01-25 | House | First Reading Ways and Means |
Subjects
Business and Economic Development, Department of
Income Tax
Industry and Technology
Small Business
Tax Credits
Taxes - Income
Income Tax
Industry and Technology
Small Business
Tax Credits
Taxes - Income