MD HB582 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on February 4 2019 - 25% progression, died in committee
Action: 2019-02-05 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 4 2019 - 25% progression, died in committee
Action: 2019-02-05 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing certain employers employing certain interns a credit against the State income tax that may not exceed $1,000 for each eligible intern or 10% of the wages paid to each eligible intern, subject to certain limitations; requiring a certain employer to enter into a certain agreement with a certain higher education institution; providing that not more than $300,000 in tax credit certificates may be issued in any taxable year; requiring a report by the Comptroller on utilization of the tax credit by July 1, 2022; etc.
Title
Income Tax Credit - Employers - Eligible Internships
Sponsors
Sen. Alonzo Washington [D] | Del. Gabriel Acevero [D] | Del. Ben Barnes [D] | Del. Eric Ebersole [D] |
Del. Wanika Fisher [D] | Del. Eric Luedtke [D] | Del. Jared Solomon [D] | Del. Jheanelle Wilkins [D] |
History
Date | Chamber | Action |
---|---|---|
2019-02-05 | House | Hearing 2/20 at 1:00 p.m. |
2019-02-04 | House | First Reading Ways and Means |
Subjects
Comptroller
Higher Education
Income Tax
Job Training
Labor, Licensing, and Regulation, Department of
Reports
Rules and Regulations
Salaries and Compensation
Students
Tax Credits
Taxes - Income
Work, Labor and Employment
Higher Education
Income Tax
Job Training
Labor, Licensing, and Regulation, Department of
Reports
Rules and Regulations
Salaries and Compensation
Students
Tax Credits
Taxes - Income
Work, Labor and Employment