1. (1) the income tax revenue from corporations if the qualified business entity is a corporation subject to the income tax under Title 10 of the Tax--General Article;

2. (2) the income tax revenue from individuals if the qualified business entity is:

   1. (i) an individual subject to the income tax under Title 10 of the Tax--General Article; or
   2. (ii) an organization exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code; and
3. (3) insurance premium tax revenues if the qualified business entity is subject to taxation under Title 6 of the Insurance Article.

A refund payable to a qualified business entity under § 6-403(e) of this subtitle reduces:

Added as Economic Development § 6-406 by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Renumbered as Economic Development § 6-404 and amended by Acts 2018, c. 583, § 1, eff. July 1, 2018; Acts 2018, c. 584, § 1, eff. July 1, 2018.