Ch. 112

1997 LAWS OF MARYLAND

(H) (1) SUBJECT TO THE PROVISIONS OF THIS SUBSECTION, THE STATE
DEPARTMENT OF EDUCATION SHALL ADOPT REGULATIONS NECESSARY TO CARRY
OUT THE PROVISIONS OF THIS SECTION.

(2) THE COMPTROLLER SHALL ADOPT REGULATIONS TO PROVIDE FOR
THE COMPUTATION AND CARRYOVER OF THE CREDIT UNDER § 10-704.7 OF THE TAX
- GENERAL ARTICLE

(3) THE DEPARTMENT OF ASSESSMENTS AND TAXATION SHALL ADOPT
REGULATIONS TO PROVIDE FOR THE COMPUTATION AND CARRYOVER OF THE
CREDIT UNDER §§ 8-216 AND 8-413 OF THE TAX - GENERAL ARTICLE.

(4) THE MARYLAND INSURANCE COMMISSIONER SHALL ADOPT
REGULATIONS TO PROVIDE FOR THE COMPUTATION AND CARRYOVER OF THE
CREDIT UNDER § 6-115 OF THE INSURANCE ARTICLE

Article - Insurance

6-115.

AN INSURER MAY CLAIM A CREDIT AGAINST THE PREMIUM TAX PAYABLE
UNDER THIS SUBTITLE FOR;

(1) WAGES PAID TO A QUALIFIED EMPLOYEE WITH A DISABILITY AND

FOR;AND

(2) (1) CHILD CARE PROVIDED OR PAID FOR BY THE INSURER FOR
THE CHILDREN OF A QUALIFIED EMPLOYEE WITH A DISABILITY AS PROVIDED
UNDER § 21-309 OF THE EDUCATION ARTICLE; OR

(II) TRANSPORTATION PROVIDED OR PAID FOR BY THE INSURER FOR A
QUALIFIED EMPLOYEE WITH A DISABILITY AS PROVIDED UNDER § 21-309 OF THE
EDUCATION ARTICLE.

Article - Tax - General

8-216.

A FINANCIAL INSTITUTION MAY CLAIM A CREDIT AGAINST THE FINANCIAL
INSTITUTION FRANCHISE TAX FOR:

(1) WAGES PAID TO A QUALIFIED EMPLOYEE WITH A DISABILITY AND

FOR;AND

(2) (I) CHILD CARE PROVIDED OR PAID FOR BY A BUSINESS ENTITY
FOR THE CHILDREN OF A QUALIFIED EMPLOYEE WITH A DISABILITY AS PROVIDED
UNDER § 21-309 OF THE EDUCATION ARTICLE; OR

(II) TRANSPORTATION PROVIDED OR PAID FOR BY THE BUSINESS
ENTITY FOR A QUALIFIED EMPLOYEE WITH A DISABILITY AS PROVIDED UNDER § 21-309
OF THE EDUCATION ARTICLE.

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