|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
Ch. 448
|
|
|
|
|
|
|
|
|
|
|
|
|
|
JUNE 30, 2003, with no further action required by the General Assembly, this Act shall
be abrogated and of no further force and effect.
Chapter 598 of the Acts of 1998
SECTION 2. AND BE IT FURTHER ENACTED, That:
(a) The Department of Legislative Services shall conduct a study of the
efficacy and effectiveness of the tax credit program established under this Act in
increasing the employment and prospects for self-sufficiency of the target population,
including an analysis of the profile of employers having taken advantage of these tax
credits in hiring new employees, cost effectiveness of the subsidy in reaching State
goals, and the appropriateness of the levels of the tax credits.
(b) In carrying out the study, the Department of Legislative Services shall
receive information from, and consult with, the Department of Human Resources, the
Department of Labor, Licensing, and Regulation, the Department of Assessments and
Taxation, the Comptroller, and appropriate representatives of private employers, and
shall review the data submitted under [subsection 54(i) of] Article 88A, § 54(j) of the
Code.
(c) The Department of Legislative Services shall complete and present the
result of the study to the Senate Budget and Taxation Committee and the House
Committee on Ways and Means by December 1, [2000] 2002.
Chapter 599 of the Acts of 1998
SECTION 2. AND BE IT FURTHER ENACTED, That:
(a) The Department of Legislative Services shall conduct a study of the
efficacy and effectiveness of the tax credit program established under this Act in
increasing the employment and prospects for self-sufficiency of the target population,
including an analysis of the profile of employers having taken advantage of these tax
credits in hiring new employees, cost effectiveness of the subsidy in reaching State
goals, and the appropriateness of the levels of the tax credits.
(b) In carrying out the study, the Department of Legislative Services shall
receive information from, and consult with, the Department of Human Resources, the
Department of Labor, Licensing, and Regulation, the Department of Assessments and
Taxation, the Comptroller, and appropriate representatives of private employers, and
shall review the data submitted under [subsection 54(i) of] Article 88A, § 54(j) of the
Code.
(c) The Department of Legislative Services shall complete and present the
result of the study to the Senate Budget and Taxation Committee and the House
Committee on Ways and Means by December 1, [2000] 2002.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2000, provided that the changes made under this Act to Article 88A, § 54 of the
Code and § 21-309 of the Education Article shall be applicable only with respect to
employees hired on or after July 1, 2000.
|
|
|
|
|
|
|
|
|
|
- 2459 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
