2009 Regular Session


File Code: Taxes - Income
Sponsored By:
Delegates Cardin, Bromwell, Lafferty, Morhaim, Olszewski, Schuler, and Stein
Baltimore County - Income Tax - Biotechnology Investment Credit


Authorizing Baltimore County to allow an individual to claim a credit against the county income tax for specified investments in qualified Maryland biotechnology companies; requiring the county to provide for the administration of the credit; requiring the county to provide for the amount of the credit; authorizing the county to limit the credit to only investments in companies located in the county; allowing the county to make the credit refundable; applying the Act to taxable years beginning after December 31, 2009; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
First Reading House Rules and Executive Nominations
Senate Action
No Action

Sponsored by:

Delegate Jon S. Cardin, District 11
Delegate Eric M. Bromwell, District 8
Delegate Stephen W. Lafferty, District 42
Delegate Dan K. Morhaim, District 11
Delegate John A. Olszewski, Jr., District 6
Delegate Todd Schuler, District 8
Delegate Dana Stein, District 11

Bill indexed under the following Subjects:

Baltimore County
Income Tax
Industry and Technology
Investments -see also- Securities
Laws and Ordinances -see also- Pub Local Laws; Uniform Laws.
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-725 )


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