MD SB200 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 12-0)
Status: Passed on May 25 2017 - 100% progression
Action: 2017-05-25 - Approved by the Governor - Chapter 743
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 12-0)
Status: Passed on May 25 2017 - 100% progression
Action: 2017-05-25 - Approved by the Governor - Chapter 743
Text: Latest bill text (Chaptered) [PDF]
Summary
Increasing from $4,500,000 in calendar year 2016 to $6,500,000 in calendar year 2017 and each calendar year thereafter, the maximum total amount of research and development tax credits that the Department of Commerce may approve in the specified calendar years; and applying the Act to all research and development tax credits certified after December 15, 2016.
Title
Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
Sponsors
Roll Calls
2017-04-03 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 1 Abs: 0) [PASS]
2017-04-02 - House - House Floor - Third Reading Passed (113-27) (Y: 113 N: 27 NV: 1 Abs: 0) [PASS]
2017-02-23 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2017-04-02 - House - House Floor - Third Reading Passed (113-27) (Y: 113 N: 27 NV: 1 Abs: 0) [PASS]
2017-02-23 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-05-25 | Senate | Approved by the Governor - Chapter 743 |
| 2017-04-10 | Senate | Passed Enrolled |
| 2017-04-10 | Senate | Third Reading Passed (46-0) |
| 2017-04-10 | Senate | Senate Concur - House Amendments |
| 2017-04-10 | House | Third Reading Passed with Amendments (113-27) |
| 2017-04-08 | House | Second Reading Passed with Amendments |
| 2017-04-08 | House | Favorable with Amendments {655364/1 Report Adopted |
| 2017-04-08 | House | Favorable with Amendments Report by Ways and Means |
| 2017-03-22 | House | Hearing 3/22 at 1:00 p.m. |
| 2017-02-24 | House | First Reading Ways and Means |
| 2017-02-23 | Senate | Third Reading Passed (47-0) |
| 2017-02-21 | Senate | Second Reading Passed |
| 2017-02-21 | Senate | Favorable Report Adopted |
| 2017-02-20 | Senate | Favorable Report by Budget and Taxation |
| 2017-02-08 | Senate | Hearing 2/08 at 1:00 p.m. |
| 2017-01-19 | Senate | First Reading Budget and Taxation |
