MD HB989 | 2018 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 23-3-1)
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2018 - 25% progression, died in committee
Action: 2018-02-28 - Hearing 2/28 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Promoting ext-Raordinary Innovation in Maryland's Economy Program within the Department of Commerce to provide certain Fortune 100 companies tax credits and benefits for up to 10 years; requiring the Department to administer the Program; establishing the application and eligibility requirements for a business entity to qualify for tax credits and benefits under the Program; authorizing a credit against the State income tax for certain income of business entities certified under the Program; etc.
Title
Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-02-28 | House | Hearing 2/28 at 1:00 p.m. |
2018-02-07 | House | First Reading Ways and Means |
Subjects
Assessments and Taxation, Department of
Commerce and Business
Commerce, Department of
Comptroller
Counties
Disclosure
Economic and Community Development
Exemptions
Forms
Income Tax
Local Government Mandates
Municipal Corporations
Notices
Privacy
Property Tax
Reports
Rules and Regulations
Sales and Use Tax
Tax Credits
Taxes - Income
Taxes - Property
Taxes - Sales and Use
Work, Labor and Employment
Commerce and Business
Commerce, Department of
Comptroller
Counties
Disclosure
Economic and Community Development
Exemptions
Forms
Income Tax
Local Government Mandates
Municipal Corporations
Notices
Privacy
Property Tax
Reports
Rules and Regulations
Sales and Use Tax
Tax Credits
Taxes - Income
Taxes - Property
Taxes - Sales and Use
Work, Labor and Employment