MD HB521 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 24-0)
Status: Introduced on January 26 2018 - 25% progression, died in committee
Action: 2018-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 26 2018 - 25% progression, died in committee
Action: 2018-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the Department of Commerce to make available 20% of the total amount of research and development tax credits that the Department may approve in a calendar year to small businesses; providing for the use of certain unused credits; providing for the calculation of the credit if more than a certain amount of credits are applied for in a calendar year; applying the Act to all research and development tax credits certified after December 15, 2017; etc.
Title
Income Tax - Research and Development Credit - Small Business Set-Aside
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-14 | House | Hearing 2/14 at 1:00 p.m. |
| 2018-01-26 | House | First Reading Ways and Means |
