MD HB1208 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-03-07 - Hearing 3/07 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2018 - 25% progression, died in committee
Action: 2018-03-07 - Hearing 3/07 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a credit against the State income tax for certain small business entities located in an enterprise zone or a Regional Institution Strategic Enterprise (RISE) zone; allowing a small business to qualify for the credit if the business hired and retained at least one new employee for at least 6 months; allowing a small business to apply the credit for each employee who is hired that results in a net increase in the number of employees hired and retained by the business; etc.
Title
Job Reinvestment Act of 2018
Sponsors
Del. Jay Walker [D] |
History
Date | Chamber | Action |
---|---|---|
2018-03-07 | House | Hearing 3/07 at 1:00 p.m. |
2018-02-08 | House | First Reading Ways and Means |
Subjects
Economic and Community Development
Enterprise Zones
Income Tax
Property Tax
Small Business
Tax Credits
Taxes - Income
Taxes - Property - Local
Work, Labor and Employment
Enterprise Zones
Income Tax
Property Tax
Small Business
Tax Credits
Taxes - Income
Taxes - Property - Local
Work, Labor and Employment