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Session Laws, 2007
Volume 803, Page 3687   View pdf image
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Martin O'Malley, Governor
Ch. 567
CHAPTER 567 (House Bill 598) AN ACT concerning Maryland Heritage Structure Rehabilitation Tax Credit Program FOR the purpose of requiring the Director of the Maryland Historical Trust to adopt
certain regulations to establish certain criteria for plans of proposed
rehabilitation for purposes of the Maryland heritage structure rehabilitation tax
credits; altering a certain limit on the award of initial credit certificates for
projects in a single jurisdiction; altering certain preferences for the award of
initial credit certificates to certain commercial rehabilitations: altering a certain
limit on the amount of initial credit certificates that may be issued within a
fiscal year: repealing a requirement that a certain percentage of tax credits be
provided for certain nonprofit organizations; altering certain provisions relating
to certain authority of the Director to charge certain fees to certify heritage
structures and rehabilitations; altering a certain time period for completing
commercial rehabilitations for purposes of the credit; authorizing the Governor
to include certain appropriations to a certain fund in the annual budget bill;
defining a certain term; altering certain definitions; extending the termination
date of the credit; providing for the application of this Act; and generally
relating to the Maryland Heritage Structure Rehabilitation Tax Credit
Program. BY repealing and reenacting, with amendments,
Article - State Finance and Procurement
Section 5A-303
Annotated Code of Maryland
(2006 Replacement Volume and 2006 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows: Article - State Finance and Procurement 5A-303. (a) (1) In this section the following words have the meanings indicated.
(2) "Business entity" means:
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Session Laws, 2007
Volume 803, Page 3687   View pdf image
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