Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities
Sponsor: Pamela Beidle (District 32)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/14 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Allowing a qualified investor that is a pass-through entity that pays a certain income tax on behalf of its members to receive and allocate in any manner a credit or refund of a credit under the Biotechnology Investment Incentive Tax Credit Program; applying the Act to all taxable years beginning after December 31, 2023; etc.
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Testimony (4)
MGA witness listFAV 3FavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Beidle, Pamela | Individual | Written (PDF) |
| FAV | Senator Beidle, Senator Beidlelegislator | Individual | Oral |
| FAV | Vetter, Drew | Individual | Written (PDF) |
| INFO | Hayes, Justin | Comptroller of Maryland | Written (PDF) |
Organizations on record
Comptroller of MarylandINFO 1