MD HB965 | 2012 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 2)
Status: Engrossed on March 22 2012 - 50% progression, died in committee
Action: 2012-03-29 - Hearing 4/4 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 22 2012 - 50% progression, died in committee
Action: 2012-03-29 - Hearing 4/4 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing individuals or corporations to claim a credit against the State income tax for up to 50% of qualified preparation expenses related to specified General Services Administration program applications and contract proposals; providing for the application to the Department of Business and Economic Development for approval of the credit and specified certification; providing that the credit may not exceed the State income tax for the taxable year and that any unused credit may not be carried over to any other taxable year; etc.
Title
Income Tax Credit - General Services Administration Schedules Program -
Sponsors
Roll Calls
2012-03-22 - House - Third Reading Passed (Y: 126 N: 8 NV: 3 Abs: 4) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-29 | Hearing 4/4 at 1:00 p.m. | |
| 2012-03-22 | First Reading Budget and Taxation | |
| 2012-03-22 | Third Reading Passed (126-8) | |
| 2012-03-21 | Second Reading Passed with Amendments | |
| 2012-03-21 | Favorable with Amendments 765461/1 Report Adopted | |
| 2012-03-24 | Favorable with Amendments Report by Ways and Means | |
| 2012-02-15 | Hearing 3/2 at 1:00 p.m. | |
| 2012-02-10 | First Reading Ways and Means |
Subjects
Business and Economic Development, Department of
Comptroller
Contractors
Contracts
Federal Government
Income Tax
Procurement
Reports
Tax Credits
Comptroller
Contractors
Contracts
Federal Government
Income Tax
Procurement
Reports
Tax Credits
