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Session Laws, 2007
Volume 803, Page 2326   View pdf image
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2007 Laws of Maryland
Ch. 370
(2) UP TO $500 OF THE QUALIFIED CHILD CARE OR
TRANSPORTATION EXPENSES INCURRED FOR EACH QUALIFIED EMPLOYMENT
OPPORTUNITY EMPLOYEE DURING THE SECOND YEAR OF EMPLOYMENT. (E) (1) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION FOR AN EMPLOYEE: (I) WHO IS HIRED TO REPLACE A LAID-OFF EMPLOYEE OR
TO REPLACE AN EMPLOYEE WHO IS ON STRIKE; OR (II) FOR WHOM THE BUSINESS ENTITY SIMULTANEOUSLY
RECEIVES FEDERAL OR STATE EMPLOYMENT TRAINING BENEFITS. (2) A BUSINESS ENTITY MAY NOT CLAIM THE CREDIT UNDER THIS
SECTION UNTIL IT HAS NOTIFIED THE APPROPRIATE GOVERNMENT AGENCY
THAT THE QUALIFIED EMPLOYMENT OPPORTUNITY EMPLOYEE HAS BEEN
HIRED. (3) A BUSINESS ENTITY MAY CLAIM A CREDIT IN THE AMOUNT
PROVIDED IN PARAGRAPH (4) OF THIS SUBSECTION FOR AN EMPLOYEE WHOSE
EMPLOYMENT LASTS LESS THAN 1 YEAR IF THE EMPLOYEE:
(I) VOLUNTARILY TERMINATES EMPLOYMENT WITH THE
EMPLOYER;
(II) IS UNABLE TO CONTINUE EMPLOYMENT DUE TO DEATH
OR A DISABILITY; OR (III) IS TERMINATED FOR CAUSE. (4) (I) IF A BUSINESS ENTITY IS ENTITLED TO A TAX CREDIT
UNDER SUBSECTION (C)(1) OF THIS SECTION FOR AN EMPLOYEE WHO IS
EMPLOYED FOR LESS THAN 1 YEAR BECAUSE THE EMPLOYEE VOLUNTARILY
TERMINATES EMPLOYMENT WITH THE EMPLOYER TO TAKE ANOTHER JOB, THE
BUSINESS ENTITY MAY CLAIM A TAX CREDIT OF 30% OF UP TO THE FIRST $6,000
OF THE WAGES PAID TO THE EMPLOYEE DURING THE COURSE OF EMPLOYMENT. (II) IF A BUSINESS ENTITY IS ENTITLED TO A TAX CREDIT
UNDER SUBSECTION (C)(1) OF THIS SECTION FOR AN EMPLOYEE WHO IS
EMPLOYED FOR LESS THAN 1 YEAR FOR A REASON OTHER THAN THAT
DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH, THE AMOUNT OF THE
CREDIT SHALL BE REDUCED BY THE PROPORTION OF A YEAR THAT THE
EMPLOYEE DID NOT WORK.
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Session Laws, 2007
Volume 803, Page 2326   View pdf image
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