MD SB1112 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 10 2016 - 100% progression
Action: 2016-05-10 - Approved by the Governor - Chapter 320
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 10 2016 - 100% progression
Action: 2016-05-10 - Approved by the Governor - Chapter 320
Text: Latest bill text (Chaptered) [PDF]
Summary
Allowing a qualified business entity operating a specified aerospace, electronics, or defense contract tax credit project to claim a credit against the State income tax; requiring the Department of Economic Competitiveness and Commerce to certify a business entity as a qualified business entity within a specified period of time; providing that a project is eligible for designation by the Department as an aerospace, electronics, or defense contract tax credit project under specified circumstances; etc.
Title
Income Tax - Aerospace, Electronics, or Defense Contract Tax Credit Program
Sponsors
Roll Calls
2016-04-07 - House - House Floor - Third Reading Passed (76-57) (Y: 76 N: 57 NV: 8 Abs: 0) [PASS]
2016-04-07 - House - House Floor - Floor Amendment (B. Robinson S) {173221/1 Rejected (33-101) (Y: 33 N: 101 NV: 7 Abs: 0) [FAIL]
2016-04-02 - Senate - Senate Floor - Third Reading Passed (31-13) (Y: 31 N: 13 NV: 1 Abs: 2) [PASS]
2016-04-01 - Senate - Senate Floor - Floor Amendment (Pinsky) {273128/1 Rejected (14-29) (Y: 14 N: 29 NV: 2 Abs: 2) [FAIL]
2016-04-07 - House - House Floor - Floor Amendment (B. Robinson S) {173221/1 Rejected (33-101) (Y: 33 N: 101 NV: 7 Abs: 0) [FAIL]
2016-04-02 - Senate - Senate Floor - Third Reading Passed (31-13) (Y: 31 N: 13 NV: 1 Abs: 2) [PASS]
2016-04-01 - Senate - Senate Floor - Floor Amendment (Pinsky) {273128/1 Rejected (14-29) (Y: 14 N: 29 NV: 2 Abs: 2) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2016-05-10 | Senate | Approved by the Governor - Chapter 320 |
2016-04-12 | Senate | Returned Passed |
2016-04-11 | House | Third Reading Passed (76-57) |
2016-04-11 | House | Motion vote previous question (Delegate Bromwell) Adopted |
2016-04-11 | House | Floor Amendment (Delegate S. Robinson) {173221/1 Rejected (33-101) |
2016-04-11 | House | Second Reading Passed |
2016-04-11 | House | Favorable Report Adopted |
2016-04-11 | House | Favorable Report by Ways and Means |
2016-04-09 | House | Hearing 4/09 at 9:30 a.m. |
2016-04-08 | House | Rereferred to Ways and Means |
2016-04-08 | House | First Reading House Rules and Executive Nominations |
2016-04-08 | Senate | Third Reading Passed (31-13) |
2016-04-07 | Senate | Second Reading Passed |
2016-04-07 | Senate | Floor Amendment (Senator Pinsky) {273128/1 Rejected (14-29) |
2016-04-07 | Senate | Favorable Report Adopted |
2016-04-07 | Senate | Favorable Report by Budget and Taxation |
2016-03-16 | Senate | Hearing 3/16 at 1:00 p.m. |
2016-03-01 | Senate | Rereferred to Budget and Taxation |
2016-02-23 | Senate | First Reading Senate Rules |
Subjects
Accountants
Commerce and Business
Commerce, Department of
Comptroller
Contracts
Disclosure
Economic and Community Development
Income Tax
Industry and Technology
Privacy
Records
Reports
Rules and Regulations
Salaries and Compensation
Sunset
Tax Credits
Taxes - Income
Commerce and Business
Commerce, Department of
Comptroller
Contracts
Disclosure
Economic and Community Development
Income Tax
Industry and Technology
Privacy
Records
Reports
Rules and Regulations
Salaries and Compensation
Sunset
Tax Credits
Taxes - Income