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]

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.

Tracking Information

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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]

History

DateChamberAction
2013-04-09HouseApproved by the Governor - Chapter 109
2013-04-08HouseReturned Passed
2013-04-08SenateThird Reading Passed (47-0)
2013-04-05SenateSecond Reading Passed
2013-04-05SenateFavorable Report Adopted
2013-04-05SenateFavorable Report by Budget and Taxation
2013-04-03SenateHearing 4/03 at 1:00 p.m.
2013-03-25SenateFirst Reading Budget and Taxation
2013-03-25HouseThird Reading Passed (103-27)
2013-03-22HouseSecond Reading Passed with Amendments
2013-03-22HouseFavorable with Amendments {685460/1 Report Adopted
2013-03-22HouseFavorable with Amendments Report by Ways and Means
2013-02-26HouseHearing 2/26 at 1:00 p.m.
2013-01-25HouseFirst Reading Ways and Means

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0386?ys=2013rs
Texthttps://mgaleg.maryland.gov/2013RS/bills/hb/hb0386f.pdf
Texthttps://mgaleg.maryland.gov/2013RS/bills/hb/hb0386t.pdf
Texthttps://mgaleg.maryland.gov/2013RS/Chapters_noln/CH_109_hb0386t.pdf
Amendmenthttps://mgaleg.maryland.gov/2013RS/amds/bil_0006/hb0386_68546001.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/fnotes/bil_0006/hb0386.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/hb0386_w&m.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/hb0386_b&t.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0386,h-0690&stab=02&ys=2013RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0386,s-1200&stab=02&ys=2013RS

Bill Comments

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