Md. Code Ann., Econ. Dev. § 6-307
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2023
As of January 1, 2019
(a) In accordance with § 2.5–109 of this article, the Department shall submit a report on:
(1) each business entity certified as eligible for job creation tax credits in the preceding taxable year;
(2) whether the credits for which the business entity was certified resulted from the entity’s establishment, expansion, or relocation;
(3) whether the business entity had a presence in the State before claiming the credit;
(4) the total number of employees of the business entity; and
(5) the total number of years that the business entity has been in business.
(a) In accordance with § 2.5–109 of this article, the Department shall submit a report on the job creation tax credits authorized under this subtitle.
(b) In accordance with § 2–110 of the Insurance Article, the Maryland Insurance Commissioner shall submit a report on:
(1) each insurer claiming the credit against the insurance premium tax under § 6–114 of the Insurance Article;
(2) the total amount of credits claimed by insurers under § 6–114 of the Insurance Article; and
(3) the number of insurers claiming the credit.
(b) In accordance with § 2–110 of the Insurance Article, the Maryland Insurance Commissioner shall submit a report on:
(1) each insurer claiming the credit against the insurance premium tax under § 6–114 of the Insurance Article;
(2) the total amount of credits claimed by insurers under § 6–114 of the Insurance Article; and
(3) the number of insurers claiming the credit.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.