MD SB386 | 2016 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 10-2)
Status: Introduced on January 28 2016 - 25% progression, died in chamber
Action: 2016-02-24 - Hearing 2/24 at 1:00 p.m.
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing the Manufacturing Empowerment Zone Program to encourage business entities engaged in manufacturing outside the State to invest in manufacturing facilities within the State; authorizing the Secretary of Commerce to designate specified areas of the State as manufacturing empowerment zones; authorizing a county or municipal corporation to grant specified property tax credits; authorizing specified business entities to claim a specified credit against the State income tax; etc.

Tracking Information

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Title

Tax Credits - Manufacturing Empowerment Zones

Sponsors


History

DateChamberAction
2016-02-24SenateHearing 2/24 at 1:00 p.m.
2016-01-28SenateMotion Rules Suspended Rule 32 (Senator Klausmeier) Adopted
2016-01-28SenateFirst Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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