Maryland Statutes
Subtitle 3 - Job Creation Tax Credit
Section 6-307 - Reports

(a)    In accordance with § 2.5–109 of this article, the Department shall submit a report on:
        (1)    each business entity certified as eligible for job creation tax credits in the preceding taxable year;
        (2)    whether the credits for which the business entity was certified resulted from the entity’s establishment, expansion, or relocation;
        (3)    whether the business entity had a presence in the State before claiming the credit;
        (4)    the total number of employees of the business entity; and
        (5)    the total number of years that the business entity has been in business.
    (b)    In accordance with § 2–110 of the Insurance Article, the Maryland Insurance Commissioner shall submit a report on:
        (1)    each insurer claiming the credit against the insurance premium tax under § 6–114 of the Insurance Article;
        (2)    the total amount of credits claimed by insurers under § 6–114 of the Insurance Article; and
        (3)    the number of insurers claiming the credit.

Structure Maryland Statutes