MD SB273 | 2016 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 7-2)
Status: Introduced on January 22 2016 - 25% progression, died in committee
Action: 2016-02-10 - Hearing 2/10 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing an individual or a corporation that employs specified apprentices to claim a credit against the State income tax in an amount of up to $1,000 for each apprentice that is employed for at least 7 months during the taxable year; requiring an individual or corporation to apply for a specified tax credit certificate; requiring the Apprenticeship and Training Council, in consultation with the Comptroller, to adopt specified regulations; applying the Act to taxable years beginning after December 31, 2015; etc.

Tracking Information

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Title

Income Tax Credit - Apprenticeship and Training - Work-Based Learning Program

Sponsors


History

DateChamberAction
2016-02-10SenateHearing 2/10 at 1:00 p.m.
2016-01-22SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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