Ch. 84

1996 LAWS OF MARYLAND

(2) THE SAME TAX CREDIT CANNOT BE APPLIED MORE THAN ONCE
AGAINST DIFFERENT TAXES BY THE SAME TAXPAYER.

(C) (1) FOR ONE TAXABLE YEAR ONLY, A ONE TIME CREDIT IS ALLOWED
IN AN AMOUNT EQUAL TO 10% OF THE FIRST $10,000 IN WAGES PAID BY THE
BUSINESS ENTITY TO EACH QUALIFIED EMPLOYEE SUBJECT TO THE STATE INCOME

TAX.

(2) THE CREDIT ALLOWED UNDER THIS SECTION MAY NOT EXCEED
$1,000 FOR EACH QUALIFIED EMPLOYEE.

(D) (1) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION FOR AN EMPLOYEE:

(I) WHO IS HIRED TO REPLACE A LAID OFF EMPLOYEE OR TO
REPLACE AN EMPLOYEE WHO IS ON STRIKE; OR

(II) FOR WHOM THE BUSINESS ENTITY SIMULTANEOUSLY
RECEIVES FEDERAL OR STATE EMPLOYMENT TRAINING BENEFITS.

(2)     A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION UNTIL THE DIVISION HAS CERTIFIED IN WRITING THAT THE EMPLOYEE IS
A QUALIFIED EMPLOYEE.

(3)     A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION FOR AN EMPLOYEE WHOSE EMPLOYMENT LASTS LESS THAN 1 YEAR
UNLESS THE EMPLOYEE:

(I) VOLUNTARILY TERMINATES EMPLOYMENT WITH THE
EMPLOYER;

(II) IS UNABLE TO CONTINUE EMPLOYMENT DUE TO DEATH OR A
FURTHER DISABILITY; OR

(III) IS TERMINATED FOR CAUSE.

(4)     A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION IF THE BUSINESS ENTITY IS CLAIMING A TAX CREDIT FOR THE SAME
EMPLOYEE UNDER ARTICLE 88A § 56 OF THE CODE.

(E) IF THE CREDIT ALLOWED UNDER THIS SECTION IN ANY TAXABLE YEAR
EXCEEDS THE TOTAL TAX OTHERWISE PAYABLE BY THE BUSINESS ENTITY FOR
THAT TAXABLE YEAR, A BUSINESS ENTITY MAY APPLY THE EXCESS AS A CREDIT
FOR SUCCEEDING TAXABLE YEARS UNTIL THE EARLIER OF:

(1) THE FULL AMOUNT OF THE EXCESS IS USED; OR

(2) THE EXPIRATION OF THE FIFTH TAXABLE YEAR AFTER THE
TAXABLE YEAR IN WHICH THE WAGES FOR WHICH THE CREDIT IS CLAIMED ARE

PAID.

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