MD SB186 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on May 18 2021 - 100% progression
Action: 2021-05-18 - Approved by the Governor - Chapter 191
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Committee Bill
Status: Passed on May 18 2021 - 100% progression
Action: 2021-05-18 - Approved by the Governor - Chapter 191
Text: Latest bill text (Chaptered) [PDF]
Summary
Expanding eligibility under the job creation tax credit program administered by the Department of Commerce to include certain small businesses that hire at least one qualified veteran employee; providing for the calculation of the credit for qualified business entities that hire qualified veteran employees under certain circumstances; extending for 5 years the termination date applicable to the program; repealing provisions of law authorizing an income tax credit for wages paid to qualified veteran employees; etc.
Title
Economic Development – Job Creation Tax Credit – Credit for Hiring Veterans
Sponsors
Roll Calls
2021-04-09 - House - Third Reading Passed (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2021-02-24 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2021-02-24 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
History
Date | Chamber | Action |
---|---|---|
2021-05-18 | Senate | Approved by the Governor - Chapter 191 |
2021-04-10 | Senate | Returned Passed |
2021-04-09 | House | Third Reading Passed (137-0) |
2021-04-02 | House | Motion Special Order until 04/05 (Delegate Luedtke) Adopted |
2021-04-02 | House | Favorable Adopted Second Reading Passed |
2021-04-02 | House | Favorable Report by Ways and Means |
2021-03-01 | House | Hearing 3/25 at 1:30 p.m. |
2021-02-25 | House | Referred Ways and Means |
2021-02-24 | Senate | Third Reading Passed (45-0) |
2021-02-23 | Senate | Second Reading Passed with Amendments |
2021-02-23 | Senate | Favorable with Amendments {669537/1 Adopted |
2021-02-19 | Senate | Favorable with Amendments Report by Budget and Taxation |
2021-01-11 | Senate | Hearing 1/27 at 1:00 p.m. |
2021-01-13 | Senate | First Reading Budget and Taxation |
2020-10-22 | Senate | Pre-filed |
Subjects
Commerce, Department of
Economic and Community Development
Income Tax
Salaries and Compensation
Small Business
Sunset
Tax Credits
Taxes - Income
Veterans
Work, Labor, and Employment
Economic and Community Development
Income Tax
Salaries and Compensation
Small Business
Sunset
Tax Credits
Taxes - Income
Veterans
Work, Labor, and Employment
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Economic Development | 6 | 301 | (n/a) | See Bill Text |
Economic Development | 6 | 303 | (n/a) | See Bill Text |
Economic Development | 6 | 304 | (n/a) | See Bill Text |
Economic Development | 6 | 305 | (n/a) | See Bill Text |
Economic Development | 6 | 309 | (n/a) | See Bill Text |
Tax - General | 10 | 743 | (n/a) | See Bill Text |