MD HB986 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2019 - 25% progression
Action: 2019-02-18 - Unfavorable Report by Ways and Means; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing a credit against the State income tax for certain employers that establish and maintain certain satellite offices in the State for certain qualified employees; establishing a credit amount of $200 for each qualified employee, subject to certain limitations; requiring the Department of Labor, Licensing, and Regulation, on application of a qualified employer, to issue a tax credit certificate under certain circumstances; requiring the Governor to make a $2,000,000 appropriation to the tax credit Reserve Fund; etc.

Tracking Information

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Title

Income Tax - Satellite Office Tax Credit

Sponsors


History

DateChamberAction
2019-02-18HouseUnfavorable Report by Ways and Means; Withdrawn
2019-02-08HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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