MD HB240 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on April 10 2017 - 50% progression, died in committee
Action: 2017-04-10 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Increasing, from $4,500,000 in calendar year 2016 to $5,500,000 in calendar year 2017 and each calendar year thereafter, the maximum total amount of research and development tax credits that the Department of Commerce may approve in the specified calendar years; and applying the Act to all research and development tax credits certified after December 15, 2016.

Tracking Information

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Title

Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts

Sponsors


Roll Calls

2017-04-02 - House - House Floor - Third Reading Passed (107-30) (Y: 107 N: 30 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2017-04-10SenateFirst Reading Senate Rules
2017-04-10HouseThird Reading Passed (107-30)
2017-04-08HouseSecond Reading Passed with Amendments
2017-04-08HouseFavorable with Amendments {755468/1 Report Adopted
2017-04-08HouseFavorable with Amendments Report by Ways and Means
2017-02-08HouseHearing 2/08 at 1:00 p.m.
2017-01-23HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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