Md. Code Ann., Tax-Gen. § 1-304
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2022
As of January 1, 2019
(a) Evaluation of a tax credit shall be completed by an evaluation committee appointed jointly by the President of the Senate and the Speaker of the House.
(b) Each evaluation committee for a tax credit shall be appointed on or before May 31 of the year before the evaluation date of that tax modification or tax exemption.
(c) An evaluation committee shall include at least one member of the Senate Budget and Taxation Committee and at least one member of the House Committee on Ways and Means.
For each evaluation required under this subtitle, the Department shall:
(1) consult with:
(i) the Department of Budget and Management;
(ii) the Comptroller; and
(iii) the department, instrumentality of the State, or local government that administers the tax credit, exemption, or preference under evaluation; and
(2) prepare a plan for the evaluation.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.