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]
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.
Title
Income Tax Credit - Apprenticeship and Training - Work-Based Learning Program
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-02-10 | Senate | Hearing 2/10 at 1:00 p.m. |
2016-01-22 | Senate | First Reading Budget and Taxation |
Subjects
Apprentices
Comptroller
Corporations
Education
Evidence
Income Tax
Job Training
Rules and Regulations
Taxes - Income
Work, Labor and Employment
Comptroller
Corporations
Education
Evidence
Income Tax
Job Training
Rules and Regulations
Taxes - Income
Work, Labor and Employment