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ROBERT L. EHRLICH, JR., Governor Ch. 191
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for the referendum, but if a majority of the votes cast on the question are "Against the
referred law" the provisions of this Act are of no effect and null and void.
SECTION 3. AND BE IT FURTHER ENACTED, That, subject to the provisions
of Section 2 of this Act and for the sole purpose of providing for the referendum
required by Section 2 of this Act, this Act shall take effect October 1, 2006.
Approved April 25, 2006.
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CHAPTER 191
(House Bill 731)
AN ACT concerning
Washington County - Tax Credit for Businesses That Create New Jobs
FOR the purpose of altering the definition of "new permanent full-time position" for
purposes of certain property tax and State tax credits granted to certain
business entities that construct or expand certain new or expanded business
premises under certain circumstances to make the definition apply in
Washington County; providing for the application of this Act; and generally
relating to certain property tax and State tax credits granted to business
entities that construct or expand certain new or expanded business premises.
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-230(a)
Annotated Code of Maryland
(2001 Replacement Volume and 2005 Supplement)
BY repealing and reenacting, without amendments,
Article - Tax - Property
Section 9-230(b)
Annotated Code of Maryland
(2001 Replacement Volume and 2005 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - Property
9-230.
(a) (1) In this section the following words have the meanings indicated.
(2) "Affiliate" means a person:
(i) that directly or indirectly owns at least 80% of a business entity;
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or
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- 907
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