Department of Commerce - Employer Tax Credit Programs - Alterations and Establishment
What this bill does
Altering the termination date of the Job Creation Tax Credit Program from 2027 to 2025; providing for the termination date for the One Maryland Economic Development Tax Credit Program on January 1, 2025; establishing the Maryland Jobs Development Tax Credit Program in the Department of Commerce to allow certain qualified business entities to receive credits against the State income tax for creating a certain number of qualified positions or for carrying out a high impact economic development project in the State; etc.
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 (7)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Adams, Steven | Anne Arundel Economic Development Corporation | Written (PDF) |
| FAV | Gramm, Heather | Maryland Department of Commerce | Oral |
| FAV | Iannucci, David | Prince George's County Economic Development Corporation | Written (PDF) |
| FAV | Chair, Ways and Means Committee, Chair, Ways and Means Committee | Individual | Oral |
| FWA | Fritts, Lara | Frederick County Division of Economic Opportunity | Written (PDF) |
| FWA | Anderson, Kevin | Maryland Department of Commerce | Oral + Written (PDF) |
| FWA | LaHatte, Jennifer | Maryland Department of Commerce | Oral |