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Ch. 394
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2006 LAWS OF MARYLAND
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(B) FOR EACH TAXABLE YEAR, FOR THE WAGES PAID TO EACH QUALIFIED
EX-FELON EMPLOYEE, A CREDIT IS ALLOWED IN AN AMOUNT EQUAL TO:
(1) 30% OF UP TO THE FIRST $6,000 OF THE WAGES PAID TO THE
QUALIFIED EX-FELON EMPLOYEE DURING THE FIRST YEAR OF EMPLOYMENT; AND
(2) 20% OF UP TO THE FIRST $6,000 OF THE WAGES PAID TO THE
QUALIFIED EX-FELON EMPLOYEE DURING THE SECOND YEAR OF EMPLOYMENT.
(C) (1) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION FOR AN EMPLOYEE:
(I) WHO IS HIRED TO REPLACE A LAID-OFF EMPLOYEE OR TO
REPLACE AN EMPLOYEE WHO IS ON STRIKE; OR
(II) FOR WHOM THE BUSINESS ENTITY SIMULTANEOUSLY
RECEIVES FEDERAL OR STATE EMPLOYMENT TRAINING BENEFITS.
(2) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION UNTIL IT HAS NOTIFIED THE DEPARTMENT THAT A QUALIFIED EX-FELON
EMPLOYEE HAS BEEN HIRED.
(3) A BUSINESS ENTITY MAY CLAIM A CREDIT IN THE AMOUNT
PROVIDED IN PARAGRAPH (5) OF THIS SUBSECTION FOR AN EMPLOYEE WHOSE
EMPLOYMENT LASTS LESS THAN 1 YEAR IF THE EMPLOYEE:
(I) VOLUNTARILY TERMINATES EMPLOYMENT WITH THE
EMPLOYER;
(II) IS UNABLE TO CONTINUE EMPLOYMENT DUE TO A DISABILITY
OR DEATH; OR
(III) IS TERMINATED FOR CAUSE.
(4) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION IF THE BUSINESS ENTITY IS CLAIMING A TAX CREDIT FOR THE SAME
EMPLOYEE UNDER ARTICLE 88A, § 54 OF THE CODE OR § 21-309 OF THE EDUCATION
ARTICLE.
(5) (I) IF A BUSINESS ENTITY IS ENTITLED TO A TAX CREDIT FOR AN
EMPLOYEE WHO IS EMPLOYED FOR LESS THAN 1 YEAR BECAUSE THE EMPLOYEE
VOLUNTARILY TERMINATES EMPLOYMENT WITH THE EMPLOYER TO TAKE ANOTHER
JOB, THE BUSINESS ENTITY MAY CLAIM A TAX CREDIT OF 30% OF UP TO THE FIRST
$6,000 OF THE WAGES PAID TO THE EMPLOYEE DURING THE COURSE OF
EMPLOYMENT.
(II) IF A BUSINESS ENTITY IS ENTITLED TO A TAX CREDIT FOR AN
EMPLOYEE WHO IS EMPLOYED FOR LESS THAN 1 YEAR FOR A REASON OTHER THAN
THAT DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH, THE AMOUNT OF THE
CREDIT SHALL BE REDUCED BY THE PROPORTION OF A YEAR THAT THE EMPLOYEE
DID NOT WORK.
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- 2134 -
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