Md. Code Ann., Econ. Dev. § 6-309
Termination; limitations
Effective Jul 1, 2021Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2008, c. 517, § 2, eff. Oct. 1, 2008; Acts 2012, c. 521, § 1, eff. July 1, 2012; Acts 2012, c. 522, § 1, eff. July 1, 2012; Acts 2017, c. 489, § 1, eff. July 1, 2017; Acts 2019, c. 84, § 1, eff. July 1, 2019; Acts 2021, c. 191, § 1, eff. July 1, 2021.State of Maryland
- (a) Subject to subsection (b) of this section, this subtitle and the tax credit authorized under it shall terminate on January 1, 2027.
(b) After termination of this subtitle:
- (1) a business entity may be considered for eligibility for the tax credit authorized under this subtitle based on positions filled before termination of this subtitle, provided that the other requirements of the subtitle are satisfied; and
- (2) tax credits earned may be carried forward and are subject to recapture in accordance with § 6-305 of this subtitle.
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2008, c. 517, § 2, eff. Oct. 1, 2008; Acts 2012, c. 521, § 1, eff. July 1, 2012; Acts 2012, c. 522, § 1, eff. July 1, 2012; Acts 2017, c. 489, § 1, eff. July 1, 2017; Acts 2019, c. 84, § 1, eff. July 1, 2019; Acts 2021, c. 191, § 1, eff. July 1, 2021.