MD HB587 | 2011 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 10 2011 - 100% progression
Action: 2011-05-10 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]

Summary

Altering the definition of "qualified Maryland biotechnology company" for purposes of the biotechnology investment tax credit for fiscal years 2012 and 2013 only, to allow investments in companies that have been in active business for up to 15 years to qualify for the credit; etc.

Tracking Information

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Title

Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company

Sponsors


Roll Calls

2011-03-31 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2011-03-25 - House - Third Reading Passed (Y: 137 N: 0 NV: 2 Abs: 2) [PASS]

History

DateChamberAction
2011-05-10 Approved by the Governor
2011-03-31 Third Reading Passed (46-0)
2011-03-30 Second Reading Passed
2011-03-30 Favorable Report Adopted
2011-04-01 Favorable Report by Budget and Taxation
2011-03-29 Hearing 3/30 at 1:00 p.m.
2011-03-25 First Reading Budget and Taxation
2011-03-31 Returned Passed
2011-03-25 Third Reading Passed (137-0)
2011-03-23 Second Reading Passed with Amendments
2011-03-23 Favorable with Amendments Report Adopted
2011-03-24 Favorable with Amendments Report by Ways and Means
2011-02-16 Hearing 3/10 at 1:00 p.m.
2011-02-09 First Reading Ways and Means

Subjects


Maryland State Sources


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