MD SB226 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: Passed on May 4 2017 - 100% progression
Action: 2017-05-04 - Approved by the Governor - Chapter 476
Text: Latest bill text (Chaptered) [PDF]

Summary

Altering the definition of "qualified Maryland biotechnology company" to extend a specified time period from a specified date that an active business may claim the biotechnology tax credit; altering the definition of "biotechnology company" to include a company that will be primarily engaged in, or within 2 months will be primarily engaged in, specified activities; providing for the revocation of a specified tax credit certificate and the recapture of the tax credit under specified circumstances; etc.

Tracking Information

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Title

Biotechnology Investment Tax Credit - Qualified Maryland Biotechnology Company - Definition

Sponsors


Roll Calls

2017-04-01 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-30 - House - House Floor - Third Reading Passed with Amendments (128-12) (Y: 128 N: 12 NV: 0 Abs: 1) [PASS]
2017-02-23 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2017-05-04SenateApproved by the Governor - Chapter 476
2017-04-07SenatePassed Enrolled
2017-04-07SenateThird Reading Passed (46-0)
2017-04-07SenateSenate Concur - House Amendments
2017-04-06HouseThird Reading Passed with Amendments (128-12)
2017-04-06HouseFloor Amendment {393423/1 (Delegate Mautz) Adopted
2017-04-05HouseSecond Reading Passed with Amendments
2017-04-05HouseFavorable with Amendments {185560/1 Report Adopted
2017-04-05HouseFavorable with Amendments Report by Ways and Means
2017-03-22HouseHearing 3/22 at 1:00 p.m.
2017-02-24HouseFirst Reading Ways and Means
2017-02-23SenateThird Reading Passed (45-0)
2017-02-21SenateSecond Reading Passed with Amendments
2017-02-21SenateFavorable with Amendments {359635/1 Report Adopted
2017-02-20SenateFavorable with Amendments Report by Budget and Taxation
2017-02-08SenateHearing 2/08 at 1:00 p.m.
2017-01-19SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0226?ys=2017rs
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0226f.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0226t.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0226e.pdf
Texthttps://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_476_sb0226e.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0006/sb0226_35963501.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0006/sb0226_18556001.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0006/sb0226_39342301.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/fnotes/bil_0006/sb0226.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/sb0226_b&t.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/sb0226_w&m.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0226,s-0287&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0226,h-1209&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0226,s-1261&stab=02&ys=2017RS

Bill Comments

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