- A. In accordance with the Tax-General Article, §10-734.1, Annotated Code of Maryland, the Administration shall issue a Tax Credit Certificate.
B. The Administration may not issue a Tax Credit Certificate, for any taxable year, if:
- (1) The required documents are not furnished or the information is incomplete; or
- (2) The aggregate amount of Tax Credit Certificates exceeds the amount as set forth under Tax-General Article, §10-734.1(c)(2), Annotated Code of Maryland.
Authority: Commercial Law Article, §§14-1502 and 14-1503; Tax-General Article, §10-734.1(g); Transportation Article, §§12-104(b), 13-808, and 13-817; Annotated Code of Maryland
Effective date: September 25, 2017 (44:19 Md. R. 897)