MD SB646 | 2016 | Regular Session
Status
Sponsorship: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-09 - Hearing 3/09 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-09 - Hearing 3/09 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing specified eligible employers a credit against the State income tax, for employing specified interns, which may not exceed $1,000 for each eligible intern, or 10% of the wages paid to each eligible intern, subject to specified limitations; requiring an eligible employer to enter into a specified agreement with an eligible higher education institution; requiring a specified eligible employer to submit a specified application at a specified time; etc.
Title
Income Tax Credit - Eligible Employers - Eligible Internships
Sponsors
| Sen. Nancy King [D] | Sen. James DeGrange [D] | Sen. Guy Guzzone [D] | Sen. Richard Madaleno [D] |
| Sen. Jamin Raskin [D] | Sen. Andrew Serafini [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-09 | Senate | Hearing 3/09 at 1:00 p.m. |
| 2016-02-05 | Senate | First Reading Budget and Taxation |
Subjects
Education - Miscellaneous
Higher Education
Income Tax
Job Training
Labor, Licensing, and Regulation, Department of
Rules and Regulations
Salaries and Compensation
Students
Tax Credits
Taxes - Income
Work, Labor and Employment
Higher Education
Income Tax
Job Training
Labor, Licensing, and Regulation, Department of
Rules and Regulations
Salaries and Compensation
Students
Tax Credits
Taxes - Income
Work, Labor and Employment
