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2007 Regular Session bill information current as of October 3, 2007 - 11:19 p.m.
Sponsors Title Synopsis History Sponsor List Subjects Statutes Documents Another Session Another Bill

HOUSE BILL 544

File Code: Taxes - Income

Sponsored By:
Delegates Ross and Kaiser

Entitled:
Income Tax - Credit for Cellulosic Ethanol Technology Research and Development

Synopsis:

Allowing a credit against the Maryland income tax for specified cellulosic ethanol technology research and development expenses incurred by an individual or corporation; providing for applications to the Department of Business and Economic Development for approval of the credit and certification by the Department to taxpayers of approved credit amounts; limiting the total amount of credits that the Department may approve for any calendar year to $3 million; etc.

History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

House Action
2/7
First Reading Ways and Means
2/9
Hearing 2/27 at 1:00 p.m.
3/19
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate Justin D. Ross, District 22
Delegate Anne R. Kaiser, District 14

Bill indexed under the following Subjects:

Business and Economic Development, Department of
Comptroller
Fuel -see also- Coal
Income Tax
Industry and Technology
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - General
( 10-205 , 10-205 , 10-306 , 10-306 , 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered


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