MGA Home Page
2009 Regular Session bill information current as of November 30, 2009 - 6:03 p.m.
Became Law - Governor Signed
Sponsors Title Synopsis History Sponsor List Subjects Statutes Documents Another Session Another Bill

HOUSE BILL 493

CHAPTER NUMBER: 606
File Code: Taxes - Income
Crossfiled with: SENATE BILL 800

Sponsored By:
Delegates Doory, Barve, Cardin, and Feldman

Entitled:
Biotechnology Investment Incentive Tax Credit

Synopsis:

Altering the definition of "qualified investor" under the Maryland Biotechnology Investment Incentive Tax Credit; specifying that the credit may be claimed for the taxable year in which an investment is made; repealing obsolete language; clarifying provisions requiring the recapture of the credit under specified circumstances; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. Explain Legislative Date and Calendar Date
House Action
2/4
First Reading Ways and Means
2/11
Hearing 3/5 at 1:00 p.m.
3/16
Favorable Report by Ways and Means
3/17
Favorable Report Adopted
Second Reading Passed
3/19
Third Reading Passed (136-0)
4/1
Returned Passed
Senate Action
3/20
First Reading Budget and Taxation
3/25
Hearing 3/31 at 1:00 p.m.
4/2
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Action after passage in House and Senate
5/19
Approved by the Governor
- Chapter 606

Sponsored by:

Delegate Ann Marie Doory, District 43
Delegate Kumar P. Barve, District 17
Delegate Jon S. Cardin, District 11
Delegate Brian J. Feldman, District 15

Bill indexed under the following Subjects:

Income Tax
Industry and Technology
Investments -see also- Securities
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Tax - General
( 10-725 , 10-725 )

Documents:

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

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

Amendments: None offered

Roll Call Votes (Legislative dates are shown):
House
March 19, 2009: Third Reading Passed (136-0)
Senate
April 2, 2009: Third Reading Passed (47-0)



Top Sponsors Title Synopsis History Sponsor List Subjects Statutes Documents Another Session Another Bill