MD SB196 | 2015 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-02-18 - Hearing 2/18 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-02-18 - Hearing 2/18 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Rural Economic Development Program to encourage businesses to locate and expand in the rural counties of the State; providing that for 10 taxable years after a business is designated as a qualified business under the Program, the business is eligible for a specified property tax exemption, income tax subtraction modification, and sales and use tax exemption; establishing the Rural Economic Development Program Infrastructure Fund as a special, nonlapsing fund to be used to make grants to specified counties; etc.
Title
Economic Development - Rural Economic Development Program and One Maryland Tax Credit
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-02-18 | Senate | Hearing 2/18 at 1:00 p.m. |
2015-02-02 | Senate | First Reading Budget and Taxation |
Subjects
Allegany County
Appropriations
Baltimore City
Business and Economic Development, Department of
Calvert County
Caroline County
Carroll County
Cecil County
Charles County
Commerce and Business
Dorchester County
Economic and Community Development
Exemptions
Frederick County
Garrett County
Grants
Harford County
Income Tax
Kent County
Lobbying
Local Government Mandates
Property Tax
Public Works
Revenue and Taxes
Rules and Regulations
Sales and Use Tax
Somerset County
St. Mary's County
Talbot County
Tax Credits
Washington County
Wicomico County
Worcester County
Appropriations
Baltimore City
Business and Economic Development, Department of
Calvert County
Caroline County
Carroll County
Cecil County
Charles County
Commerce and Business
Dorchester County
Economic and Community Development
Exemptions
Frederick County
Garrett County
Grants
Harford County
Income Tax
Kent County
Lobbying
Local Government Mandates
Property Tax
Public Works
Revenue and Taxes
Rules and Regulations
Sales and Use Tax
Somerset County
St. Mary's County
Talbot County
Tax Credits
Washington County
Wicomico County
Worcester County