PARRIS N. GLENDENING, Governor                               Ch. 84

Article - Insurance

6-114.

(A) AN INSURER MAY CLAIM A CREDIT AGAINST THE PREMIUM TAX FOR
WAGES PAID TO QUALIFIED EMPLOYEES AS PROVIDED UNDER ARTICLE 83A, § 5-1102
OF THE CODE.

(B) AN INSURER MAY CLAIM A CREDIT AGAINST THE PREMIUM TAX FOR
WAGES PAID TO QUALIFIED EMPLOYEES AS PROVIDED UNDER § 21-307 OF THE
EDUCATION ARTICLE.
SECTION 2. 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article—Education

21-307:

(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(2) "BUSINESS ENTITY" MEANS A PERSON CONDUCTING OR OPERATING
A TRADE OR BUSINESS IN MARYLAND.

(3) "DIVISION" MEANS THE DIVISION OF REHABILITATION SERVICES IN
THE STATE DEPARTMENT OF EDUCATION.

(4) "DEPARTMENT" MEANS THE STATE DEPARTMENT OF EDUCATION.

(5) "QUALIFIED EMPLOYEE" MEANS AN INDIVIDUAL WHO IS CERTIFIED
AS HAVING MET THE CRITERIA ADOPTED BY THE DEPARTMENT AS AN INDIVIDUAL

WHO:

(I) HAS A DISABILITY;

(II) IS RECEIVING OR HAS RECENTLY RECEIVED VOCATIONAL
REHABILITATION OR TRANSITION SERVICES PROVIDED BY THE DIVISION; AND

(III) IS READY FOR EMPLOYMENT.

(6) "TRANSITION SERVICES" MEANS A COORDINATED SET OF
ACTIVITIES FOR A STUDENT THAT PROMOTE MOVEMENT FROM SCHOOL TO
CAREER.

(6) (7) "WAGES" MEANS WAGES PAID BY THE BUSINESS ENTITY TO A
QUALIFIED EMPLOYEE ATTRIBUTABLE TO SERVICES PERFORMED IN A TRADE OR
BUSINESS OF THE BUSINESS ENTITY.

(B) (1) EXCEPT AS PROVIDED IN SUBSECTION (D) OF THIS SECTION, A
BUSINESS ENTITY MAY CLAIM A TAX CREDIT IN THE AMOUNT DETERMINED UNDER
SUBSECTION (C) OF THIS SECTION FOR THE WAGES PAID TO A QUALIFIED
EMPLOYEE THAT ARE PAID IN THE TAXABLE YEAR FOR WHICH THE BUSINESS
ENTITY CLAIMS THE CREDIT.

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