Ch. 719                                    LAWS OF MARYLAND

Article 81 - Revenue and Taxes

Section 291A(b)

Annotated Code of Maryland

(1980 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 81 - Revenue and Taxes

291A.

(b) Except as provided in subsection (e) of this section,
any business entity which is located in an enterprise zone and
satisfies the requirements of § 12-304 of Article 41 shall
receive the following credits against the tax imposed by Section
288 of this article.

(1) For the taxable year in which the business entity
satisfies the requirements of § 12-304 of Article 41, a credit
shall be granted of:

(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;

2.  Is not hired to replace an individual
who was employed by the business entity in that or any [previous
taxable year] OF THE 3 PRECEDING TAXABLE YEARS; and

3.  Was not rehired after being laid off
for more than 6 months by the business entity;

(ii) Up to $1,000 of the wages paid in the
taxable year for which the credit is claimed to each qualified
employee who:

1.' Was rehired after being laid off for
more than 6 months by the business entity; and

2. Is not hired to replace an individual
who was employed by the business entity in that or any [previous
taxable year] OF THE 3 PRECEDING TAXABLE YEARS, unless The
qualified employee was rehired not more than once for the
position held by the qualified employee prior to layoff; and

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

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