MD HB1763 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 22 2018 - 25% progression, died in committee
Action: 2018-02-22 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 22 2018 - 25% progression, died in committee
Action: 2018-02-22 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that applications for a credit against the State income tax for investments in biotechnology companies be awarded on a competitive basis; requiring the Department of Commerce to develop certain criteria for the approval of applications for the tax credit that are based on certain criteria used to award financial assistance under certain programs; applying the Act to all biotechnology investment tax credit certificates issued on or after June 30, 2018; etc.
Title
Biotechnology Investment Tax Credit - Approval of Applications - Competitive Award Process
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-22 | House | First Reading House Rules and Executive Nominations |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1763?ys=2018rs |
| Text | https://mgaleg.maryland.gov/2018RS/bills/hb/hb1763f.pdf |
