If the provisions of §41 of the Internal Revenue Code governing the federal research and development tax credit are repealed or terminate, the provisions of this chapter shall continue to operate as if the provisions of §41 of the Internal Revenue Code remain in effect, and the Maryland research and development tax credit under this chapter shall continue to be available.

Authority: Tax-General Article, §§2-103 and 10-721, Annotated Code of Maryland

Effective date: March 4, 2002 (29:4 Md. R. 416)

Regulation .01B amended effective March 31, 2014 (41:6 Md. R. 377)

Regulation .04 amended effective March 31, 2014 (41:6 Md. R. 377)

Regulation .08A amended effective October 9, 2006 (33:20 Md. R. 1613); March 31, 2014 (41:6 Md. R. 377)

Regulation .08C adopted effective March 31, 2014 (41:6 Md. R. 377)

Regulation .13C amended effective March 21, 2011 (38:6 Md. R. 393)

Regulation .14 adopted effective February 9, 2009 (36:3 Md. R. 207)