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Home » US Law » 2022 Maryland Statutes » Tax - General » Title 10 - Income Tax » Subtitle 7 - Income Tax Credits » Section 10-704.5 – For Certified Rehabilitation

    (a)    An individual or corporation may claim a credit against the State income tax for a certified rehabilitation as provided under § 5A-303 of the State Finance and Procurement Article.

    (b)    An individual or corporation that is not otherwise required to file an income tax return, including a corporation exempt from income tax under § 501(c)(3) of the Internal Revenue Code:

        (1)    may file a return to claim a refund of the credit under this section; and

        (2)    shall file a return if the individual or corporation is subject to the recapture of the credit under this section as provided under § 5A-303 of the State Finance and Procurement Article.