Ch. 112

1997 LAWS OF MARYLAND

CHAPTER 112
(Senate Bill 228)

AN ACT concerning

Tax Credits - Employment of Individuals with Disabilities

FOR the purpose of allowing a credit against the State income tax, insurance premiums
tax, financial institution franchise tax, and public service company franchise tax for
certain wages paid and certain child care or transportation expenses incurred by
certain business entities with respect to certain employees with disabilities;
providing for the calculation and use of the credit; defining certain terms; requiring
certain addition modifications if a certain credit is claimed; requiring a certain
certification prior to claiming the credit; prohibiting an employer from claiming the
credit under certain circumstances; providing for the administration of the tax
credits; requiring that a certain study be conducted; providing for the application
and termination of this Act; and generally relating to tax credits for wages paid and
child care or transportation expenses incurred by a business entity with respect to the
employment of individuals with disabilities.

BY adding to

Article - Education
Section 21-309
Annotated Code of Maryland
(1997 Replacement Volume)

BY adding to

Article - Insurance
Section 6-115

Annotated Code of Maryland

(1995 Volume and 1996 Supplement)

(As enacted by Chapter 36 of the Acts of the General Assembly of 1995)

BY adding to

Article - Tax - General

Section 8-216, 8-413, and 10-704.7

Annotated Code of Maryland

(1988 Volume and 1996 Supplement)

BY repealing and reenacting, with amendments,
Article - Tax - General
Section 10-205(b) and 10-306(b)(l)
Annotated Code of Maryland
(1988 Volume and 1996 Supplement)

BY repealing and reenacting, with amendments,

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