Altering provisions of the One Maryland Economic Development Tax Credits to accelerate the ability of a qualified business entity to claim refunds and apply the credits in a specified manner if the pay for the majority of qualified positions created is at least 250% of the federal minimum wage; and applying the Act to any business entity that first notifies the Department of Business and Economic Development of its intent to seek certification for the tax credits on or after July 1, 2002.

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

NOTICES

SALARIES -see also- OVERTIME

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development

( 5-1501 , 5-1501 , 5-1501 )

Documents:

Bill Text: First Reading (RTF / PDF), Third Reading (RTF / PDF), Enrolled

Fiscal Note: Available (Word / PDF)

Amendments:

House

Number: 455960/1 (WordPerfect / PDF)     Offered on: March 21, 2002   at: 11:12 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 22, 2002: Third Reading Passed (135-3)

Senate

April 4, 2002: Third Reading Passed (47-0)