Maryland Senate Bill 737 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on February 5 2016 - 25% progression, died in committee
Action: 2016-03-15 - Hearing 3/15 at 2:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Establishing the Rural Economic Development Program to encourage businesses to locate and expand in the rural counties of the State; providing that for 10 taxable years after a business is designated as a qualified business under the Program the business is eligible for a specified property tax exemption, income tax subtraction modification, and sales and use tax exemption; establishing the Rural Economic Development Program Infrastructure Fund as a special, nonlapsing fund to be used to make grants to specified counties; etc.

Economic Development - Rural Economic Development Program and One Maryland Tax Credit

Sen. George Edwards [R]	Sen. Adelaide Eckardt [R]	Sen. Stephen Hershey [R]	Sen. Roger Manno [D]
Sen. Jim Mathias [D]	Sen. Andrew Serafini [R]

Date	Chamber	Action
2016-03-15	Senate	Hearing 3/15 at 2:30 p.m.
2016-02-05	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0737?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/sb/sb0737f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0007/sb0737.pdf