MD SB877 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 14-3)
Status: Passed on April 25 2018 - 100% progression
Action: 2018-04-25 - Approved by the Governor - Chapter 350
Text: Latest bill text (Chaptered) [PDF]

Summary

Establishing the Promoting ext-Raordinary Innovation in Maryland's Economy Program within the Department of Commerce to provide certain Fortune 100 companies tax credits and benefits for up to 10 years; requiring the Department to administer the Program; establishing the application and eligibility requirements for a business entity to qualify for tax credits and benefits under the Program; authorizing a credit against the State income tax for certain income of business entities certified under the Program; etc.

Tracking Information

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Title

Promoting ext-Raordinary Innovation in Maryland's Economy (PRIME Act)

Sponsors


Roll Calls

2018-03-26 - House - House Floor - Third Reading Passed (78-60) (Y: 79 N: 61 NV: 1 Abs: 8) [PASS]
2018-03-17 - Senate - Senate Floor - Third Reading Passed (34-12) (Y: 35 N: 13 NV: 2 Abs: 5) [PASS]
2018-03-16 - Senate - Senate Floor - Floor Amendment {663425/1 (Senator Rosapepe) Rejected (8-35) (Y: 9 N: 36 NV: 3 Abs: 4) [FAIL]

History

DateChamberAction
2018-04-25SenateApproved by the Governor - Chapter 350
2018-04-05SenateReturned Passed
2018-04-04HouseThird Reading Passed (78-60)
2018-04-04HouseMotion vote previous question (Delegate Ebersole) Adopted
2018-04-03HouseSecond Reading Passed
2018-03-29HouseSpecial Order until 3/30 (Delegate Kaiser) Adopted
2018-03-29HouseFavorable Report Adopted
2018-03-29HouseFavorable Report by Ways and Means
2018-03-28HouseHearing 3/28 at 1:00 p.m.
2018-03-20HouseFirst Reading Ways and Means
2018-03-19SenateThird Reading Passed (34-12)
2018-03-16SenateSecond Reading Passed with Amendments
2018-03-16SenateFloor Amendment {663425/1 (Senator Rosapepe) Rejected (8-35)
2018-03-16SenateFloor Amendment {263626/2 (Senator Rosapepe) Adopted
2018-03-16SenateFavorable with Amendments {839230/1 Report Adopted
2018-03-16SenateFavorable with Amendments Report by Budget and Taxation
2018-02-28SenateHearing 2/28 at 1:00 p.m. (Budget and Taxation)
2018-02-12SenateRereferred to Budget and Taxation and Finance
2018-02-05SenateFirst Reading Senate Rules

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0877?ys=2018rs
Texthttps://mgaleg.maryland.gov/2018RS/bills/sb/sb0877f.pdf
Texthttps://mgaleg.maryland.gov/2018RS/bills/sb/sb0877t.pdf
Texthttps://mgaleg.maryland.gov/2018RS/Chapters_noln/CH_350_sb0877t.pdf
Amendmenthttps://mgaleg.maryland.gov/2018RS/amds/bil_0007/sb0877_26362602.pdf
Amendmenthttps://mgaleg.maryland.gov/2018RS/amds/bil_0007/sb0877_66342501.pdf
Amendmenthttps://mgaleg.maryland.gov/2018RS/amds/bil_0007/sb0877_83923001.pdf
Supplementhttps://mgaleg.maryland.gov/2018RS/fnotes/bil_0007/sb0877.pdf
Supplementhttps://mgaleg.maryland.gov/2018RS/votes_comm/sb0877_b&t.pdf
Roll Callhttps://mgaleg.maryland.gov/2018RS/votes/Senate/0596.pdf
Roll Callhttps://mgaleg.maryland.gov/2018RS/votes/Senate/0685.pdf
Supplementhttps://mgaleg.maryland.gov/2018RS/votes_comm/sb0877_w&m.pdf
Roll Callhttps://mgaleg.maryland.gov/2018RS/votes/House/1053.pdf

Bill Comments

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