MD HB896 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on February 8 2019 - 25% progression, died in committee
Action: 2019-02-12 - Hearing 3/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing a credit against the State income tax for certain small businesses that hire high school or college interns or apprentices under certain circumstances; providing that the credit may not exceed $7,500 for any taxable year; requiring a small business to submit certain documentation to qualify for the credit; providing that certain organizations exempt from taxation may receive the credit as a refund under certain circumstances; applying the Act to all taxable years beginning after December 31, 2018; etc.

Tracking Information

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Title

Income Tax Credit - Small Businesses - Student Interns and Apprentices

Sponsors


History

DateChamberAction
2019-02-12HouseHearing 3/08 at 1:00 p.m.
2019-02-08HouseFirst Reading Ways and Means

Subjects


Maryland State Sources


Bill Comments

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