Bills of Interest to Maryland Manufacturers

The following bills were introduced through February 10, 2012. Please direct your questions or comments to: Gene L. Burner, President, Manufacturers Alliance of Maryland (MAM), gburner@mdmanufacturing.org or 410-279-1264.

Corporate Income Tax

HB 234       Corporate Income Tax – Rate Reduction
House: Ways and Means     (Hearing: February 14, 2012, 1:00 p.m.)    

HB 429       Sales and Corporate Income Tax Relief (Better Maryland – Tax Relief)
House: Ways and Means     (Hearing: February 14, 2012, 1:00 p.m.) 
   
SB 248       Taxation of Corporations – Alternative Minimum Assessment
Senate: Budget and Taxation     (Hearing: February 15, 2012, 1:15 p.m.)    

SB 269       Maryland Business Tax Fairness Act – COMBINED REPORTING
Senate: Budget and Taxation     (Hearing: February 22, 2012, 1:00 p.m.)    

HB 941       Maryland Business Tax Fairness Act – COMBINED REPORTING
House: Ways and Means    

SB 477       Job Creation Tax Credit – Amount of Credit and Termination Provisions
Senate: Budget and Taxation     (Hearing: March 7, 2012, 1:00 p.m.) 
   
SB 519       Corporate Income Tax – Investments in Maryland
Senate: Budget and Taxation     (Hearing: March 7, 2012, 1:00 p.m.)    

SB 570       Income Tax Credit – Qualified Research and Development Expenses – Small Business Refund
Senate: Budget and Taxation     (Hearing: March 9, 2012, 1:00 p.m.)
    
HB 943       Income Tax Credit – Qualified Research and Development Expenses – Small Business Refund
House: Ways and Means    

SB 653       Income Tax – Expensing of Business Property and Bonus Depreciation
Senate: Budget and Taxation     (Hearing: March 13, 2012, 1:00 p.m.) 
   
SB 739       Tax Credit Evaluation Act
Senate: Budget and Taxation     (Hearing: March 14, 2012, 1:00 p.m.)    

HB 764       Tax Credit Evaluation Act
House: Ways and Means     (Hearing: February 28, 2012, 1:00 p.m.)  
 

SB 793       Corporate Income Tax – Rate in Economically Depressed Counties
Senate: Budget and Taxation     (Hearing: March 14, 2012, 1:00 p.m.)  
 
HB 1248     Income Tax Credit – Security Clearance Expenses
House: Ways and Means  

SB 296       Income Tax Credit – Security Clearance Expenses
Senate: Budget and Taxation     (Hearing: February 15, 2012, 1:15 p.m.)  

Sales Tax

HB 455       Sales and Use Tax – Snack Food – Application
House: Ways and Means     (Hearing: February 14, 2012, 1:00 p.m.)   

HB 1051     Sales and Use Tax – Services
House: Ways and Means    

 (Note: in addition to the  bills listed above, Governor O’Malley’s budget and associated legislation – SB 152 & HB 87 – contain a provision that extends the sales tax to digital downloads.)

Personal Income Tax

SB 249       State Individual Income Tax – Millionaires’ Tax
Senate: Budget and Taxation     (Hearing: February 29, 2012, 1:00 p.m.)
    
HB 784       State Individual Income Tax – Millionaires’ Tax
House: Ways and Means     (Hearing: February 28, 2012, 1:00 p.m.) 
   
SB 523       Income Tax – Repeal of the 1997 Income Tax Reduction
Senate: Budget and Taxation     (Hearing: February 29, 2012, 1:00 p.m.) 

 (Note: in addition to the 3 bills listed above, Governor O’Malley’s budget and associated legislation – SB 152 & HB 87 – contain provisions that increase the personal income tax for taxpayers in middle to upper income tax brackets by reducing itemized deductions by 10% to 20% and reducing or eliminating personal exemptions)

Energy – Windmills

HB 441       Maryland Offshore Wind Energy Act of 2012
House: Economic Matters     (Hearing: February 23, 2012, 1:00 p.m.)    

SB 237       Maryland Offshore Wind Energy Act of 2012
Senate: Finance     (Hearing: February 14, 2012, 1:00 p.m.)  

Economic Development

SB 239       Economic Development – Maryland Technology Development Corporation – Maryland Innovation Initiative
Senate: Finance and Budget and Taxation     (Heard: February 7, 2012, 1:00 p.m.)  

HB 442       Economic Development – Maryland Technology Development Corporation – Maryland Innovation Initiative
House: Economic Matters and Appropriations     (Hearing: February 14, 2012, 1:00 p.m.)    

HB 1203     State Procurement – Preference – Local Supplies – Matching Bids
House: Health and Government Operations  

HB 1209     Procurement – Preferences – Businesses Located in the State
House: Health and Government Operations    

SB 432       Procurement – Maryland Buy American Steel and Manufactured Goods Act
Senate: Education Health and Environmental Affairs (Hearing: February 23, 2012, 1:30 p.m.) 
   
SB 913       State Procurement – Rejection of Bids and Proposals – Businesses Located Outside the State
Senate: Senate Rules    

Environmental – Fees

 HB 446       Environment – Bay Restoration Fund – Fees
House: Environmental Matters     (Hearing: February 15, 2012, 1:00 p.m.) 
   
SB 240       Environment – Bay Restoration Fund – Fees
Senate: Education Health and Environmental Affairs     (Hearing: February 14, 2012, 1:00 p.m.)    

HB 987       Stormwater Management – Watershed Protection and Restoration Program – IMPERVIOUS SURFACES TAX
House: Environmental Matters  

SB 614       Stormwater Management – Watershed Protection and Restoration Program – IMPERVIOUS SURFACES TAX
Senate: Education Health and Environmental Affairs     (Hearing: February 28, 2012, 1:00 p.m.)    

SB 635       Environment – Water Appropriation or Use Permits – Fees
Senate: Education Health and Environmental Affairs     (Hearing: February 28, 2012, 1:00 p.m.)    

Note: the link associated with the bill number takes you to the bill summary page which contains information about the bill status. Click on the link at the top center of the page to view the text of the bill.