Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 6 - Economic Development Tax Incentives

Subtitle 1 - Definitions

Section 6-101 - Definitions - (a) In this title the following words have the meanings...

Subtitle 2 - Film Production Activity Tax Exemption

Section 6-201 - Legislative Intent - The General Assembly intends that the tax exemption under §...

Section 6-202 - Eligibility and Certification - To receive the tax exemption provided under § 11-227 of...

Section 6-203 - Regulations - The Department and the Comptroller jointly shall adopt regulations defining...

Subtitle 3 - Job Creation Tax Credit

Section 6-301 - Definitions - (a) In this subtitle the following words have the meanings...

Section 6-302 - Legislative Intent - The General Assembly intends that the purpose of the job...

Section 6-303 - Qualification; Certification - (a) (1) The Secretary or the Secretary’s designee shall certify...

Section 6-304 - Amount and Application of Credit - (a) (1) A qualified business entity may claim a tax...

Section 6-305 - Recapture - (a) The provisions of this section do not apply to...

Section 6-306 - Information Sharing; Confidentiality - (a) The Comptroller or other appropriate unit shall share with...

Section 6-307 - Reports - (a) In accordance with § 2.5–109 of this article, the...

Section 6-308 - Regulations - (a) Except as otherwise provided in this section, the Secretary...

Section 6-309 - Termination; Limitations - (a) Subject to subsection (b) of this section, this subtitle...

Subtitle 4 - One Maryland Economic Development Tax Credit

Section 6-401 - Definitions - (a) In this subtitle the following words have the meanings...

Section 6-402 - Qualification; Certification - (a) (1) To qualify for a project tax credit, a...

Section 6-403 - Project Tax Credit - (a) (1) A qualified business entity may claim a project...

Section 6-404 - Reduction of Tax Revenue - A refund payable to a qualified business entity under §...

Section 6-405 - Prohibiting Qualified Business Entity Claiming Credit Under Subtitle 3 - For any taxable year, if a qualified business entity claims...

Section 6-406 - Regulations - The Secretary shall adopt regulations to specify criteria and procedures...

Subtitle 6 - Maryland E-Nnovation Initiative Program

Part I - Definitions

Section 6-601 - Definitions - (a) In this subtitle the following words have the meanings...

Part II - Maryland E-Nnovation Initiative Fund and Authority

Section 6-604 - Maryland E-Nnovation Initiative Fund - (a) There is a Maryland E–Nnovation Initiative Fund in the...

Section 6-605 - Maryland E-Nnovation Initiative Fund Authority - There is a Maryland E–Nnovation Initiative Fund Authority in the...

Section 6-606 - Membership - The Authority consists of: (1) the Chief Executive Officer of...

Section 6-607 - Chair; Officers - (a) The chair of the Authority shall be chosen by...

Section 6-608 - Quorum; Compensation - (a) (1) Four members of the Authority are a quorum....

Section 6-609 - Duties - The Authority shall provide advice to and consult with the...

Part III - Research Endowments

Section 6-612 - General Consideration - (a) The governing body of each nonprofit institution of higher...

Section 6-613 - Qualified Donations - (a) Private donations to a research endowment shall be considered...

Section 6-614 - Expenditure of Endowment Funds - (a) Endowment proceeds shall be expended by a nonprofit institution...

Section 6-615 - Research Endowment Plans - (a) The governing body of each nonprofit institution of higher...

Part IV - Distributions From the Maryland E-Nnovation Initiative Fund

Section 6-618 - General Consideration - (a) Except as provided in § 6–619 of this subtitle,...

Section 6-619 - Deposit of Qualified Donations and Allocated Funds - (a) Within 90 days after approval by the Authority of...

Part V - Miscellaneous

Section 6-622 - Administration; Regulations - The Department shall administer this subtitle and shall adopt regulations...

Section 6-623 - Reports - (a) (1) On or before January 1, 2016, and January...

Subtitle 8 - More Jobs for Marylanders Program

Section 6-801 - Definitions - (a) In this subtitle the following words have the meanings...

Section 6-802 - Program Established - There is a More Jobs for Marylanders Program in the...

Section 6-803 - General Consideration - (a) A business entity may apply to the Department to...

Section 6-804 - Benefits and Requirements - (a) The Program benefits authorized under this section may be...

Section 6-805 - Certification - (a) The Department shall provide to a qualified business entity...

Section 6-806 - Revocation of Certification - (a) The Department may revoke its certification under this subtitle,...

Section 6-807 - Verification of Information; Use; Confidentiality - (a) The Department may require that any information provided under...

Section 6-808 - Regulations - The Secretary may adopt any regulation necessary and appropriate to...

Section 6-809 - Reports - On or before December 1 each year, the Department shall...

Subtitle 10 - Opportunity Zone Enhancement Program

Section 6-1001 - Definitions - (a) In this subtitle the following words have the meanings...

Section 6-1002 - Program Established - (a) There is an Opportunity Zone Enhancement Program in the...

Section 6-1003 - Revitalization Area Credit - (a) In this section, “revitalization area” has the meaning stated...

Section 6-1004 - One Maryland Project Tax Credit - (a) In this section, “eligible economic development project”, “eligible project...

Section 6-1005 - Income Tax Credit for Wages Paid in an Enterprise Zone - (a) (1) In this section the following words have the...

Section 6-1006 - Qualified Investor Tax Credit -- Biotechnology Companies - (a) In this section, “investment”, “qualified investor”, and “qualified Maryland...

Section 6-1007 - Qualified Investor Tax Credit -- Technology Companies - (a) In this section, “investment”, “qualified investor”, and “qualified Maryland...

Section 6-1008 - More Jobs for Marylanders Program Tax Credit - (a) In this section, “eligible project” and “qualified position” have...