MD SB196 | 2021 | Regular Session

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 114
Text: Latest bill text (Chaptered) [PDF]

Summary

Establishing that the purpose of the Research and Development Tax Credit Program is to foster increased research activities and expenditures in Maryland; increasing the amount of research and development tax credits that the Department of Commerce may approve for applicants that are not small businesses to $8,500,000; requiring the Department of Commerce to reserve $3,500,000 of the total amount of research and development credits that the Department may approve in a calendar year for small businesses; etc.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Economic Development – Research and Development Tax Credit – Alterations

Sponsors


Roll Calls

2021-04-08 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 2 Abs: 0) [PASS]
2021-04-06 - House - Third Reading Passed (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]
2021-03-19 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2021-04-13SenateApproved by the Governor - Chapter 114
2021-04-08SenatePassed Enrolled
2021-04-08SenateThird Reading Passed (45-0)
2021-04-08SenateSenate Concurs House Amendments
2021-04-06HouseThird Reading Passed (135-0)
2021-04-05HouseSecond Reading Passed with Amendments
2021-04-05HouseFavorable with Amendments {465762/1 Adopted
2021-04-05HouseFavorable with Amendments Report by Ways and Means
2021-03-22HouseHearing 4/01 at 1:30 p.m.
2021-03-20HouseReferred Ways and Means
2021-03-19SenateThird Reading Passed (45-0)
2021-03-19SenateSecond Reading Passed
2021-03-19SenateFavorable Adopted
2021-03-19SenateFavorable Report by Budget and Taxation
2021-01-11SenateHearing 1/27 at 1:00 p.m.
2021-01-13SenateFirst Reading Budget and Taxation
2020-10-22SenatePre-filed

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Chapter of the Acts2000(n/a)See Bill Text
Chapter of the Acts2005(n/a)See Bill Text
Chapter of the Acts2010(n/a)See Bill Text
Chapter of the Acts2019(n/a)See Bill Text
Tax - General10721(n/a)See Bill Text

Maryland State Sources


Bill Comments

feedback