State Tax Credits, Exemptions, and Deductions - Alterations and Repeal (Tax Modernization Act)
Sponsor: David Moon (District 20)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Unfavorable Report by Ways and Means (as of Nov 6, 2020)
What this bill does
Official synopsis
Providing that certain entities may not claim certain excess tax credits as a refund under the One Maryland Economic Development Tax Credit, Maryland Cybersecurity Investment Tax Credit, More Jobs for Marylanders, and the aerospace, electronics, or defense contract tax credit programs; authorizing qualified entities to apply excess tax credit to future years; repealing certain exemptions under the inheritance and sales and use taxes; etc.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (19)
MGA witness listFAV 2FavorableFWA 1Favorable with amendmentsUNF 16Unfavorable
Organizations on record
Compass GRUNF 1
GBCUNF 1
Local 487, IATSEFWA 1
MAPDAUNF 1
Maryland ChamberUNF 1
MD Hotel AssocFAV 1
Montgomery ChamberUNF 2
MTCUNF 1
Registered lobbyists who testified
UNFGaragiola, HannahCompass GRRegistered for: AGC; Acusensus; American Society of Travel Advisors, Inc; Bamboo Health; Brigit, Inc; CTIA- The Wireless Association…
UNFMcDonough, CaitlinHJM for Vending Assoc and VisitBaltimoreRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Associated Builders & Contractors; Association of Independent Midwives of Maryland (AIMM); Baltimore Gas and Electric Company…
UNFTabuteau, RichardMTCRegistered for: Bolt Technology OÜ dba Hopp; Boyd Gaming Corporation; ChargePoint; Chevy Chase Village; Elev8 Baltimore, Inc.; Fortinet…
UNFGriffin, AndrewMaryland ChamberRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce…
UNFGriffin, AndrewMaryland Chamber of CommerceRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce…
UNFGriffin, AndrewMaryland Chamber of CommerceRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce…
UNFrasmussen, denniswhitman coin and collectiblesRegistered for: Baltimore Children's Museum, Inc. dba Port Discovery Children's Museum; Chesapeake Renewable Energy, LLC; Chesapeake Ventures Development, LLC; Greater Ocean City Maryland Chamber of Commerce, Inc.; HarborRock Holdings, LLC; Maryland Mortgage Bankers & Brokers Association (MMBBA)…
