PARRIS N. GLENDENING, Governor Ch. 351
(2) THE TRANSFER OF ADMINISTRATIVE COSTS FROM THE LOCAL
DEPARTMENT OF SOCIAL SERVICES; AND
(3) ANY NONSTATE FUNDS AVAILABLE TO THE PROJECT.
[56.] 54.
(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) "Qualified child care expenses" means State regulated child care
expenses that are incurred by a business entity to enable a qualified employment
opportunity employee of the business to be gainfully employed.
(4) (i) "Qualified employment opportunity employee" means an
individual who is a resident of Maryland and who [for six 3 months] IMMEDIATELY
before the individual's employment with a business entity was a Maryland resident and a
recipient of [benefits] TEMPORARY CASH ASSISTANCE from the State under the Aid to
Families with Dependent Children Program OR THE FAMILY INVESTMENT PROGRAM
AND WHO FOR 6 MONTHS BEFORE THE INDIVIDUAL'S EMPLOYMENT WITH A
BUSINESS ENTITY WAS A MARYLAND RESIDENT.
(ii) "Qualified employment opportunity employee" does not include
an individual who is the spouse of, or has any of the relationships specified in § 152 (a) (1)
through (8) of the Internal Revenue Code to, a person who controls, directly or indirectly,
more than 50% of the ownership of the business entity.
(5) "Wages" means wages, within the meaning of § 51(c)(1), (2), and (3) of
the Internal Revenue Code without regard to § 51(c)(4) of the Internal Revenue Code,
that are paid by a business entity to an employee for services performed in a trade or
business of the employer.
(b) (1) Except as provided in subsection (e) of this section, a business entity
may claim a tax credit in the amounts determined under subsections (c) and (d) of this
section for the wages and qualified child care expenses with respect to a qualified
employment opportunity employee that are paid in the taxable year for which the
business entity claims the credit.
(2) The same tax credit cannot be applied more than once against different
taxes by the same taxpayer.
(c) For each taxable year, for the wages paid to each qualified employment
opportunity employee, a credit is allowed in an amount equal to:
(1) 30% of up to the first $6,000 of the wages paid to the qualified
employment opportunity employee during the first year of employment;
(2) 20% of up to the first $6,000 of the wages paid to the qualified
employment opportunity employee during the second year of employment; and
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