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]

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.

Tracking Information

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Title

Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)

Sponsors


History

DateChamberAction
2018-02-28HouseHearing 2/28 at 1:00 p.m.
2018-02-07HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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