Section 10-734 – Qualified Vehicles
(a) In this section, “qualified vehicle” means a Class F (tractor) vehicle described under § 13–923 of the Transportation Article that is titled and registered in the State. (b) Subject to the limitations of this section, an individual or a corporation may claim a credit against the State income tax for the expense of registering a qualified […]
Section 10-753 – Tax Credit for Catalytic Revitalization Projects
(a) In this section, “nonprofit organization” has the meaning stated in § 1–101 of the Housing and Community Development Article. (b) An individual, a nonprofit organization, or a business entity may claim a credit against the State income tax in accordance with Title 6, Subtitle 8 of the Housing and Community Development Article for new construction costs […]
Section 10-734.1 – Qualified Vehicle — Modification and Extension
(a) (1) In this section the following words have the meanings indicated. (2) “Administration” means the Motor Vehicle Administration. (3) “Qualified vehicle” means a Class F (tractor) vehicle described under § 13–923 of the Transportation Article that is titled and registered in the State. (b) Subject to the limitations of this section, an individual or a corporation that obtains a […]
Section 10-736 – Donations to Qualified Permanent Endowment Funds at Eligible Community Foundations
(a) (1) In this section the following words have the meanings indicated. (2) “Department” means the Department of Housing and Community Development. (3) “Donation” means an irrevocable gift worth $500 or more of: (i) cash; or (ii) publicly traded securities. (4) “Eligible community foundation” means an organization that: (i) is exempt from taxation under § 501(c)(3) of the Internal Revenue Code; (ii) is commonly […]
Section 10-738 – Physician Preceptor in a Preceptorship Program
// EFFECTIVE UNTIL JUNE 30, 2026 PER CHAPTERS 153 AND 154 OF 2021 // (a) (1) In this section the following words have the meanings indicated. (2) “Department” means the Maryland Department of Health. (3) “Licensed physician” means an individual who is licensed to practice medicine under Title 14 of the Health Occupations Article. (4) “Preceptorship program” means an organized […]
Section 10-739 – Nurse Practitioner or Licensed Physician in Preceptorship Program
// EFFECTIVE UNTIL JUNE 30, 2026 PER CHAPTERS 153 AND 154 OF 2021 // (a) (1) In this section the following words have the meanings indicated. (2) “Department” means the Maryland Department of Health. (3) “Licensed physician” means an individual who is licensed to practice medicine under Title 14 of the Health Occupations Article. (4) “Nurse practitioner” has the meaning […]
Section 10-740 – Student Loan Debt Relief Tax Credit
(a) (1) In this section the following words have the meanings indicated. (2) “Commission” means the Maryland Higher Education Commission. (3) “Qualified taxpayer” means an individual who has: (i) incurred at least $20,000 in undergraduate or graduate student loan debt or both; and (ii) has at least $5,000 in outstanding undergraduate or graduate student loan debt or both when submitting an […]
Section 10-741 – More Jobs for Marylanders Program Tax Credit
(a) (1) In this section the following words have the meanings indicated. (2) “Business entity” has the meaning stated in § 6–801 of the Economic Development Article. (3) “Department” means the Department of Commerce. (4) “Eligible project” has the meaning stated in § 6–801 of the Economic Development Article. (5) “Existing business entity” has the meaning stated in § 6–801 of […]
Section 10-742 – Tax Credit for State Income Tax Paid by Qualified Business Entity During First Year to Eligible Apprentice Under More Jobs for Marylanders Program.
// EFFECTIVE UNTIL JUNE 30, 2025 PER CHAPTER 643 OF 2020 // (a) (1) In this section the following words have the meanings indicated. (2) “Department” means the Maryland Department of Labor. (3) “Eligible apprentice” means an individual who: (i) is enrolled in an apprenticeship training program that: 1. is registered with the Maryland Apprenticeship and Training Council in accordance with […]
Section 10-744 – Independent Living Tax Credit
(a) (1) In this section the following words have the meanings indicated. (2) “Accessibility and universal visitability features” means components of renovation to an existing home that improves access to or within the home for individuals with disabilities. (3) “Department” means the Department of Housing and Community Development. (4) “Disability” has the meaning stated in § 7–101 of the Human […]