MD SB1021 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 25-0)
Status: Engrossed on March 30 2017 - 50% progression, died in committee
Action: 2017-04-05 - Hearing 4/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 30 2017 - 50% progression, died in committee
Action: 2017-04-05 - Hearing 4/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Allowing a credit against the State income tax for specified small business entities located in an enterprise zone or a Regional Institution Strategic Enterprise (RISE) zone; allowing a small business to claim the credit if the business hired or retained at least one new employee for at least 6 months; allowing a small business to claim the credit for each employee who is hired that results in a net increase in the number of employees hired and retained by the business; etc.
Title
Job Reinvestment Act of 2017
Sponsors
Roll Calls
2017-03-26 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-04-05 | House | Hearing 4/05 at 1:00 p.m. |
| 2017-04-04 | House | Rereferred to Ways and Means |
| 2017-03-30 | House | First Reading House Rules and Executive Nominations |
| 2017-03-30 | Senate | Third Reading Passed (46-0) |
| 2017-03-29 | Senate | Second Reading Passed with Amendments |
| 2017-03-29 | Senate | Favorable with Amendments {769330/1 Report Adopted |
| 2017-03-29 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2017-03-15 | Senate | Hearing 3/15 at 1:00 p.m. |
| 2017-02-15 | Senate | Rereferred to Budget and Taxation |
| 2017-02-08 | Senate | First Reading Senate Rules |
Subjects
Economic and Community Development
Enterprise Zones
Income Tax
Property Tax
Small Business
Tax Credits
Taxes - Income
Taxes - Property - Local
Enterprise Zones
Income Tax
Property Tax
Small Business
Tax Credits
Taxes - Income
Taxes - Property - Local
