Income Tax - Work Opportunity Tax Credit
Sponsor: Guy Guzzone (District 13)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 3/03 at 1:00 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Allowing certain employers to claim a credit against the State income tax in a certain amount for certain wages paid to certain individuals with barriers to employment; providing that the credit may not exceed 100% of the Federal Work Opportunity Credit claimed by an employer on the employer's federal income tax return, or the State income tax imposed for that taxable year, and may not be carried over to any other taxable year; and applying the Act to taxable years beginning after December 31, 2020.
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Testimony (6)
MGA witness listFAV 6Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Clark, Rachellobbyist | Evans & Associates, LLC | Written (PDF) |
| FAV | Millard, Demaune | Family League of Baltimore | Oral |
| FAV | DeMattos, Joseph | Health Facilities Association of Maryland (HFAM) | Written (PDF) |
| FAV | Jensen, Scott | Individual | Oral |
| FAV | Kane, Adam | Individual | Oral |
| FAV | Senator Guzzone, Senator Guzzonelegislator | Individual | Oral |
Organizations on record
Registered lobbyists who testified
FAVClark, RachelEvans & Associates, LLCRegistered for: Accenture LLP; Arundel Amusements/Bingo World; Brady Campaign to Prevent Gun Violence; CALSTART; Carvana; Fraternal Order of Police, Lodge 89…
