872

LAWS OF MARYLAND

Ch. 255

(iv) The deduction for donated artworks may not
exceed 50 percent of the individual's gross income in the
calendar year of the donation.

291A.

(a)   In this section the following words have the meanings
indicated:

(3) "Qualified employee" means an individual who:

(i) Is a new employee or an employee rehired
after being laid off for more than one year by the business
entity;

(ii) Is employed at least 25 hours per week by
a business entity for at least 6 months before or during that
business entity's taxable year for which a credit is claimed;

(iii) Spends at least one-half of the hours
under [item (i)] SUBPARAGRAPH (II) of this paragraph, either in
the enterprise zone or on activities of the business entity
resulting directly from its location in the enterprise zone; and

(iv) Is hired by the business entity after the
later of:

1.   The date on which the enterprise zone
is designated; or

2.   The date on which the business entity
locates in the enterprise zone;

(b)  Any business entity which is located in an enterprise
zone and satisfies the requirements of § 266KK-4 of Article 41
shall receive the following credits against the tax imposed by §
288 of this article.

(2) For each taxable year after the taxable year
described in paragraph (1) of this subsection, while the area is
designated an enterprise zone, a credit shall be granted:

(i) Up to $1,500 of the wages paid in the
taxable year for which the credit is claimed to each qualified
employee who:

1.   Is an economically disadvantaged
individual, and became a qualified employee during the taxable
year to which the credit applies;

2.   Is not hired to replace an individual
who was employed by the business entity in that or any preceding
taxable year; however, if the qualified employee was hired to
replace another qualified employee for whom the business entity
received a credit under [paragraphs (1)(1) or (2)(ii)] PARAGRAPH