PARRIS N. GLENDENING, Governor

S.B. 412

Parris N. Glendening
Governor .

Senate Bill No. 412

AN ACT concerning

Work, Not Welfare, and Enterprise Zone Income Tax Credits - Tax Exempt
Organizations — Withholding Taxes Unrelated Business Taxable Income

FOR the purpose of allowing certain tax exempt organizations to apply certain tax credits
against certain taxes withhold from the wages of employees and required to be paid
to the Comptroller income tax due on unrelated business taxable income; providing
that certain addition modifications relating to certain tax credits do not apply to
certain tax exempt organizations; altering certain definitions; providing for the
application of this Act; providing for the termination of part of this Act; and
generally relating to certain tax credits for certain tax exempt organizations against
certain taxes.

BY repealing and reenacting, with amendments,
Article - Tax - General

Section 10-702(a)(2)(i), (b), (c), and (f) and (b)
Annotated Code of Maryland
(1988 Volume and 1995 Supplement)

BY repealing and reenacting, without amendments,
Article—Tax—General
Section 10-906(a)
Annotated Code of Maryland
(1988 Volume and 1995 Supplement)

BY repealing and reenacting, with amendments,
Article 88A - Social Services Administration
Section 56(a)(2) and (g)
Annotated Code of Maryland
(1995 Replacement Volume)

BY repealing and reenacting, without amendments,
Article 88A - Social Services Administration
Section 56(b) and (f)
Annotated Code of Maryland
(1995 Replacement Volume)

BY repealing and reenacting, with amendments,
Article - Tax - General
Section 10-704.3

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