Maryland Senate Bill 615 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 8-3)
Status: Introduced on February 1 2013 - 25% progression, died in committee
Action: 2013-03-06 - Hearing 3/06 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Allowing a credit against the State income tax for wages paid by a qualified business entity for the creation of qualified positions; requiring the Department of Business and Economic Development to provide for the application and authorization of a certain amount of credits each year; providing for the calculation of the credit; establishing a specified Reserve Fund as a special fund; specifying the purpose of the Fund; requiring the Governor to appropriate at least $10,000,000 to the Fund in FY 2015 and FY 2016; etc.

Economic Development - Job Creation Incentive Tax Credit

Sen. Katherine Klausmeier [D]	Sen. Joanne Benson [D]	Sen. James Brochin [D]	Sen. Richard Colburn [R]
Sen. William Ferguson [D]	Sen. Jennie Forehand [D]	Sen. Robert Garagiola [D]	Sen. Nancy Jacobs [R]
Sen. Allan Kittleman [R]	Sen. Richard Madaleno [D]	Sen. Thomas Middleton [D]

Date	Chamber	Action
2013-03-06	Senate	Hearing 3/06 at 1:00 p.m.
2013-02-01	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0615?ys=2013rs
Text	https://mgaleg.maryland.gov/2013RS/bills/sb/sb0615f.pdf
Supplement	https://mgaleg.maryland.gov/2013RS/fnotes/bil_0005/sb0615.pdf