PARRIS N. GLENDENING, Governor                             Ch. 492

Article - Tax - General

8-213.

A FINANCIAL INSTITUTION MAY CLAIM A CREDIT AGAINST THE FINANCIAL
INSTITUTION FRANCHISE TAX FOR WAGES PAID TO QUALIFIED EMPLOYMENT
OPPORTUNITY EMPLOYEES AND FOR CHILD CARE PROVIDED OR PAID BY A
BUSINESS ENTITY FOR THE CHILDREN OF A QUALIFIED EMPLOYMENT
OPPORTUNITY EMPLOYEE AS PROVIDED UNDER ARTICLE 88A, § 56 OF THE CODE.

8-410.

A PUBLIC SERVICE COMPANY MAY CLAIM A CREDIT AGAINST THE PUBLIC
SERVICE COMPANY FRANCHISE TAX FOR WAGES PAID TO QUALIFIED EMPLOYMENT
OPPORTUNITY EMPLOYEES; AND FOR CHILD CARE PROVIDED OR PAID BY A
BUSINESS ENTITY FOR THE CHILDREN OF A QUALIFIED EMPLOYMENT
OPPORTUNITY EMPLOYEE AS PROVIDED UNDER ARTICLE 88A § 56 OF THE CODE.

10-205.

(b) The addition under subsection (a) of this section includes the amount of a
credit claimed under:

(1) § 10-702 of this title for wages paid to an employee in an enterprise
zone; OR

(2) § 10-702.1 10-704.2 OF THIS TITLE OR § 8-213 OF THIS ARTICLE FOR
WAGES PAID AND QUALIFIED CHILD CARE EXPENSES INCURRED WITH RESPECT TO
QUALIFIED EMPLOYMENT OPPORTUNITY EMPLOYEES.

10-306.

(b) The addition under subsection (a) of this section includes the additions
required for an individual under:

(1)     § 10-205(b) of this title (Enterprise zone wage credit AND
EMPLOYMENT OPPORTUNITY CREDIT);

10-704.2.

AN INDIVIDUAL OR A CORPORATION MAY CLAIM A CREDIT AGAINST THE
INCOME TAX FOR WAGES PAID TO QUALIFIED EMPLOYMENT OPPORTUNITY
EMPLOYEES AND FOR CHILD CARE PROVIDED OR PAID FOR BY A BUSINESS ENTITY
FOR THE CHILDREN OF A QUALIFIED EMPLOYMENT OPPORTUNITY EMPLOYEE AS
PROVIDED UNDER ARTICLE 88A, § 56 OF THE CODE.

10-706.

(b) (1) A credit under § 10-701.1, § 10-702, § 10-703, [or § 10-704.1] §
10-704.1, OR § 10-704.2 of this subtitle is allowed against only the State income tax.

(2)     The county income tax is based on the amount of State income tax
before the State income tax is reduced by the credit.

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