MD SB89 | 2019 | Regular Session
Status
Spectrum: Strong Partisan Bill (Republican 14-1)
Status: Engrossed on March 19 2019 - 50% progression, died in committee
Action: 2019-03-20 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 19 2019 - 50% progression, died in committee
Action: 2019-03-20 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Altering the definition of "qualified employee" to include certain individuals who are provided certain paid parental leave for purposes of a credit against the State income tax for certain small businesses that provide certain employer benefits to certain qualified employees; altering the calculation of the credit; providing that the total amount of credit certificates issued by the Department of Commerce in any taxable year may not exceed $5,000,000; applying the Act to all taxable years beginning after December 31, 2018; etc.
Title
Small Business Relief Tax Credit – Alterations
Sponsors
Roll Calls
2019-03-17 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 47 N: 1 NV: 1 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-20 | House | First Reading House Rules and Executive Nominations |
| 2019-03-19 | Senate | Third Reading Passed (46-0) |
| 2019-03-18 | Senate | Second Reading Passed with Amendments |
| 2019-03-18 | Senate | Favorable with Amendments {189033/1 Report Adopted |
| 2019-03-18 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2019-01-11 | Senate | Hearing 1/30 at 2:00 p.m. |
| 2019-01-11 | Senate | First Reading Budget and Taxation |
Subjects
Commerce, Department of
Income Tax
Leave
Salaries and Compensation
Small Business
Tax Credits
Taxes - Income
Work, Labor and Employment
Income Tax
Leave
Salaries and Compensation
Small Business
Tax Credits
Taxes - Income
Work, Labor and Employment
