MD SB380 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 15-0)
Status: Engrossed on February 22 2018 - 50% progression, died in committee
Action: 2018-03-21 - Hearing 3/21 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 22 2018 - 50% progression, died in committee
Action: 2018-03-21 - Hearing 3/21 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing certain employers employing certain interns a credit against the State income tax, which 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, 2021; etc.
Title
Income Tax Credit - Employers - Eligible Internships
Sponsors
Roll Calls
2018-02-22 - Senate - Senate Floor - Third Reading Passed (44-0) (Y: 45 N: 1 NV: 2 Abs: 4) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-03-21 | House | Hearing 3/21 at 1:00 p.m. |
2018-02-23 | House | First Reading Ways and Means |
2018-02-22 | Senate | Third Reading Passed (44-0) |
2018-02-20 | Senate | Second Reading Passed |
2018-02-20 | Senate | Favorable Report Adopted |
2018-02-19 | Senate | Favorable Report by Budget and Taxation |
2018-02-14 | Senate | Hearing 2/14 at 1:00 p.m. |
2018-01-25 | Senate | First Reading Budget and Taxation |
Subjects
Comptroller
Education - Miscellaneous
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
Education - Miscellaneous
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