Ch. 2

LAWS OF MARYLAND

(II)  UP TO $1,000 OF THE WAGES PAID TO EACH
QUALIFIED EMPLOYEE WHO:

1. IS AN ECONOMICALLY DISADVANTAGED
INDIVIDUAL, IF THE BUSINESS ENTITY RECEIVED A CREDIT UNDER
SUBSECTION (C)(1) OF THIS SECTION OR ITEM (I) OF THIS PARAGRAPH
FOR THE QUALIFIED EMPLOYEE IN THE IMMEDIATELY PRECEDING TAXABLE
YEAR; OR

2. HAS BEEN REHIRED AFTER BEING LAID OFF
FOR MORE THAN 6 MONTHS BY THE BUSINESS ENTITY, BECOMES A
QUALIFIED EMPLOYEE DURING THE TAXABLE YEAR TO WHICH THE CREDIT
APPLIES, AND HAS NOT BEEN HIRED TO REPLACE AN INDIVIDUAL WHOM THE
BUSINESS ENTITY EMPLOYED IN THAT OR ANY OF THE 3 PRECEDING
TAXABLE YEARS UNLESS THE QUALIFIED EMPLOYEE WAS REHIRED NOT MORE
THAN ONCE FOR THE POSITION THAT THE QUALIFIED EMPLOYEE HELD PRIOR
TO LAYOFF;

(III)  UP TO $750 OF THE WAGES PAID TO EACH
QUALIFIED EMPLOYEE WHO HAS BEEN REHIRED AFTER BEING LAID OFF FOR
MORE THAN 6 MONTHS BY THE BUSINESS ENTITY, IF THE BUSINESS ENTITY
RECEIVED A CREDIT UNDER SUBSECTION (C)(2) OF THIS SECTION OR ITEM
(11)2. OF THIS PARAGRAPH FOR THE QUALIFIED EMPLOYEE IN THE
IMMEDIATELY PRECEDING TAXABLE YEAR; AND

(IV)  UP TO $500 OF THE WAGES PAID TO EACH
QUALIFIED EMPLOYEE WHO IS NOT HIRED TO REPLACE AN INDIVIDUAL WHOM

THE BUSINESS ENTITY EMPLOYED IN THAT OR ANY OF THE 3 PRECEDING
TAXABLE YEARS IF THE QUALIFIED EMPLOYEE:

1.   IS AN ECONOMICALLY DISADVANTAGED
INDIVIDUAL FOR WHOM THE BUSINESS ENTITY RECEIVED A CREDIT UNDER
SUBSECTION (C)(1) OF THIS SECTION OR ITEM (I) OF THIS PARAGRAPH
AND A CREDIT UNDER ITEM (II)1. OF THIS PARAGRAPH IN THE 2
IMMEDIATELY PRECEDING TAXABLE YEARS; OR

2.   IS NOT AN ECONOMICALLY DISADVANTAGED
INDIVIDUAL BUT BECAME A QUALIFIED EMPLOYEE DURING THE TAXABLE
YEAR TO WHICH THE CREDIT APPLIES; AND

3.  HAS NOT BEEN REHIRED AFTER BEING LAID
OFF FOR MORE THAN 6 MONTHS BY THE BUSINESS ENTITY.

(2) A BUSINESS ENTITY THAT HIRES A QUALIFIED EMPLOYEE
TO REPLACE ANOTHER QUALIFIED EMPLOYEE FOR WHOM THE BUSINESS
ENTITY RECEIVED A CREDIT UNDER SUBSECTION (C)(1) OF THIS SECTION
AND PARAGRAPH (1)(II) OF THIS SUBSECTION IN THE IMMEDIATELY
PRECEDING TAXABLE YEAR MAY TREAT THE NEW QUALIFIED EMPLOYEE AS
THE REPLACEMENT FOR THE OTHER QUALIFIED EMPLOYEE TO DETERMINE ANY
CREDIT THAT MAY BE AVAILABLE TO THE BUSINESS ENTITY UNDER
PARAGRAPH (1)(II) OR (IV) OF THIS SUBSECTION.

(E) APPLICATION OF EXCESS CREDIT.

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