2007 Regular Session


File Code: Taxes - Income
Sponsored By:
Delegates Ross and Kaiser
Income Tax - Credit for Cellulosic Ethanol Technology Research and Development


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

House Action
First Reading Ways and Means
Hearing 2/27 at 1:00 p.m.
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
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 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered