MD SB727 | 2011 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on February 4 2011 - 25% progression, died in chamber
Action: 2011-03-28 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 4 2011 - 25% progression, died in chamber
Action: 2011-03-28 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing specified small businesses a credit against the State income tax in a specified amount for a specified guaranty fee paid in order to obtain financing from the United States Small Business Administration; providing for the carryover of unused credit to specified taxable years if the credit exceeds the State income tax otherwise payable for a taxable year; applying the Act to taxable years beginning after 2010; etc.
Title
Small Business Growth Initiative
Sponsors
| Sen. David Brinkley [R] | Sen. Richard Colburn [R] | Sen. George Edwards [R] | Sen. Joseph Getty [R] |
| Sen. Barry Glassman [R] | Sen. Nancy Jacobs [R] | Sen. Bryan Simonaire [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-28 | Unfavorable Report by Budget and Taxation | |
| 2011-03-02 | Hearing 3/17 at 1:15 p.m. | |
| 2011-03-02 | Hearing cancelled | |
| 2011-02-23 | Hearing 3/23 at 1:00 p.m. | |
| 2011-02-04 | First Reading Budget and Taxation |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2011rs/billfile/SB0727.htm |
| Text | http://mlis.state.md.us/2011rs/bills/sb/sb0727f.pdf |
