reglab/housing_qa huggingface dataset:
MD. Economic Development Code Ann. §  6-901 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-901 - Definitions [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Benefit year” means a taxable year in which a qualified business entity claims a program benefit established under § 6–904 of this subtitle.    (c)    “Business entity” means a Fortune 100 company.    (d)    “Eligible project” means a project established and operated by a business entity that meets the requirements set forth under § 6–903 of this subtitle.    (e)    “Program” means the Promoting ext–Raordinary Innovation in Maryland’s Economy Program established under this subtitle.    (f)    “Qualified business entity” means a business entity operating an eligible project under this subtitle.    (g)    (1)    “Qualified position” means a position that:            (i)    is full–time and of indefinite duration;            (ii)    pays at least $60,000 but not more than $500,000 each year;            (iii)    is newly created and located at a single eligible project in the State; and            (iv)    is filled.        (2)    “Qualified position” does not include a position that is:            (i)    created when an employment function is shifted from an existing facility of a business entity in the State to another facility of the same business entity if the position is not a net new job in the State;            (ii)    created through a change in ownership of a trade or business;            (iii)    created through a consolidation, merger, or restructuring of a business entity if the position is not a net new job in the State;            (iv)    created when an employment function is contractually shifted from an existing business entity to another business entity in the State if the position is not a net new job in the State; or            (v)    filled for a period of less than 12 months.
MD. Economic Development Code Ann. §  6-902 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-902 - Promoting Ext-Raordinary Innovation in Maryland's Economy (Prime) Program [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    There is a Promoting ext–Raordinary Innovation in Maryland’s Economy (PRIME) Program in the Department.
MD. Economic Development Code Ann. §  6-904 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-904 - Benefits and Credits [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    (a)    (1)    Subject to the provisions of this section, the Program benefits authorized under this section may be claimed by a qualified business entity for up to 10 consecutive benefit years.        (2)    For the income tax credit established under § 10–746 of the Tax – General Article, a qualified business entity may claim the credit for 10 consecutive benefit years for each qualified position.    (b)    On enrollment in the Program a qualified business entity is eligible for:        (1)    subject to subsection (c) of this section, a credit against the State income tax, established under § 10–746 of the Tax – General Article;        (2)    a credit against a portion of the county or municipal corporation property tax and of the State property tax established under § 9–111 of the Tax – Property Article; and        (3)    an exemption from the sales and use tax, as provided under § 11–234 of the Tax – General Article.    (c)    (1)    To be eligible for the credit against the State income tax established under § 10–746 of the Tax – General Article, a business entity shall:            (i)    provide compensation for the qualified positions for which the business entity seeks to claim the credit in an amount that, on average, equals at least $100,000 each year; and            (ii)    provide to the Department, for each benefit year, evidence of the compensation required under this subsection.        (2)    To be eligible for a credit against the State income tax established under § 10–746 of the Tax – General Article for the filling of qualified positions after the first benefit year, a qualified business entity shall fill the required number of qualified positions not later than 17 years after enrollment in the Program.    (d)    If the number of qualified positions at the eligible project decreases to a number less than the number of qualified positions claimed in the first benefit year, the project shall be removed from the Program and all Program benefits terminate.
MD. Economic Development Code Ann. §  6-905 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-905 - Certificate [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    The Department shall provide to a qualified business entity a certificate that:        (1)    certifies the eligibility of the project that is enrolled in the Program;        (2)    provides the duration of the certification;        (3)    is updated as needed to reflect an increase in the number of qualified positions for which the qualified business entity is eligible for a credit against the State income tax, as provided under § 10–746 of the Tax – General Article; and        (4)    provides any additional information necessary for the qualified business entity to receive a Program benefit for which the business entity is eligible, or which the Comptroller or the Department needs to administer the Program.
MD. Economic Development Code Ann. §  6-906 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-906 - Revocation of Certification [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    (a)    The Department may revoke its certification under this subtitle, in whole or in part, if:        (1)    any representation made by a qualified business entity is determined by the Department to have been false when made; or        (2)    as determined by the Department, the actual expenditures and hiring of employees to fill qualified positions by the qualified business entity operating the project are significantly below the estimates in the project plan provided by the business entity under § 6–903(d)(1)(ii) of this subtitle.    (b)    If the Department revokes its certification under subsection (a) of this section, the Comptroller may make an assessment against the qualified business entity to recapture any amount of a Program benefit that the qualified business entity has received.
MD. Economic Development Code Ann. §  6-907 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-907 - Information Received About Eligibility of Benefits [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    (a)    The Department may require that any information provided under this subtitle be verified by an independent certified public accountant that the qualified business entity and the Department select.    (b)    (1)    Acceptance by a qualified business entity of the Program benefits under this subtitle shall be deemed to authorize the Comptroller to share with the Department any information received from a qualified business entity about eligibility for a Program benefit allowed under this subtitle.        (2)    Information that is received by the Department or the Comptroller under paragraph (1) of this subsection is subject to confidentiality requirements established by law.
MD. Economic Development Code Ann. §  6-908 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-908 - Regulations [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    The Secretary may adopt any regulations necessary and appropriate to carry out this subtitle.
MD. Economic Development Code Ann. §  6-909 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 9 - Promoting Ext-Raordinary Innovation in Maryland's Economy Program|Section 6-909 - Report [Subtitle Subject to Contingent Abrogation]

    ** CONTINGENCY – IN EFFECT – CHAPTER 350 OF 2018 **    On or before December 1 each year, the Department shall report to the General Assembly, in accordance with § 2–1257 of the State Government Article, on the qualified business entities receiving final certification in the preceding fiscal year.
MD. Economic Development Code Ann. §  6-1002 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1002 - Program Established

    (a)    There is an Opportunity Zone Enhancement Program in the Department.    (b)    (1)    The Department shall administer the tax credit enhancements offered under the Program.        (2)    The enhancements offered under the Program shall be applicable to all taxable years beginning after December 31, 2018, but before January 1, 2027.    (c)    (1)    The Department shall publish on its website information about the Program and information reported by a qualified opportunity fund receiving enhanced tax credits under the Program.        (2)    The information published on the website:            (i)    shall be itemized by qualified opportunity zone;            (ii)    shall be summarized in the aggregate; and            (iii)    may not include any proprietary or confidential information.    (d)    The Department, in consultation with the Department of Housing and Community Development, shall adopt regulations to carry out this subtitle, including criteria and procedures for determining eligibility for a Level 1 or Level 2 opportunity zone enhancement.
MD. Economic Development Code Ann. §  6-1003 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1003 - Revitalization Area Credit

    (a)    In this section, “revitalization area” has the meaning stated in § 6–301 of this title.    (b)    For a qualified opportunity zone business that qualifies for a job creation tax credit under § 6–304 of this title:        (1)    the Level 1 opportunity zone enhancement is equal to:            (i)    $3,075 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and            (ii)    $5,125 multiplied by the number of qualified employees working in a facility located in a revitalization area; and        (2)    the Level 2 opportunity zone enhancement is equal to:            (i)    $3,300 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and            (ii)    $5,500 multiplied by the number of qualified employees working in a facility located in a revitalization area.    (c)    The enhanced multiplier authorized under subsection (b) of this section is in substitution for and not in addition to the multiplier under § 6–304(b)(1) of this title.
MD. Economic Development Code Ann. §  6-1004 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1004 - One Maryland Project Tax Credit

    (a)    In this section, “eligible economic development project”, “eligible project cost”, “project tax credit”, and “qualified position” have the meanings stated in § 6–401 of this title.    (b)    For a qualified opportunity zone business that qualifies for the One Maryland project tax credit under § 6–403 of this title and creates at least 50 qualified positions:        (1)    the Level 1 opportunity zone enhancement increases the maximum credit allowed under § 6–403(b)(1)(ii)1 of this title to the lesser of  $5,125,000 or the total eligible project cost for the eligible economic development project, less the amount of the credit previously taken for the project in prior taxable years; and        (2)    the Level 2 opportunity zone enhancement increases the maximum credit allowed under § 6–403(b)(1)(ii)1 of this title to the lesser of $5,500,000 or the total eligible project cost for the eligible economic development project, less the amount of the credit previously taken for the project in prior taxable years.
MD. Economic Development Code Ann. §  6-1005 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1005 - Income Tax Credit for Wages Paid in an Enterprise Zone

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Economically disadvantaged individual”, “focus area employee”, and “qualified employee” have the meanings stated in § 10–702 of the Tax – General Article.        (3)    “Enterprise zone” and “focus area” have the meanings stated in § 5–701 of this article.    (b)    For a qualified  opportunity zone business that qualifies for an income tax credit for wages paid in an enterprise zone under § 10–702(c) and (d) of the Tax – General Article:        (1)    the Level 1 opportunity zone enhancement is:            (i)    up to  $1,025 of the wages paid to each qualified employee; and            (ii)    for wages paid to each qualified employee who is an economically disadvantaged individual, the credit allowed under § 10–702(c) and (d) is increased by 7.5% in each of the 3 taxable years in which the credit is claimed; and        (2)    the Level 2 opportunity zone enhancement is:            (i)    up to $1,200 of the wages paid to each qualified employee; and            (ii)    for wages paid to each qualified employee who is an economically disadvantaged individual, the credit allowed under § 10–702(e) of the Tax – General Article is increased by 10% in each of the 3 taxable years in which the credit is claimed.    (c)    For a qualified opportunity zone business that qualifies for an income tax credit for wages paid in a focus area under § 10–702(e) of the Tax – General Article:        (1)    the Level 1 opportunity zone enhancement is:            (i)    up to  $1,540 of the wages paid to each focus area employee; and            (ii)    for wages paid to each focus area employee who is an economically disadvantaged individual, the credit allowed under § 10–702(e) of the Tax – General Article is increased by 7.5% in each of the 3 taxable years in which the credit is claimed; and        (2)    the  Level 2 opportunity zone enhancement is:            (i)    up to $1,750 of the wages paid to each focus area employee; and            (ii)    for wages paid to each focus area employee who is an economically disadvantaged individual, the credit allowed under § 10–702(e) of the Tax – General Article is increased by 10% in each of the 3 taxable years in which the credit is claimed.    (d)    The enhanced multipliers authorized under subsections (b)(1)(i) and (2)(i) and (c)(1)(i) and (2)(i) of this section are in substitution for and not in addition to the multipliers under § 10–702(e) of the Tax – General Article.
MD. Economic Development Code Ann. §  6-1006 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1006 - Qualified Investor Tax Credit -- Biotechnology Companies

    (a)    In this section, “investment”, “qualified investor”, and “qualified Maryland biotechnology company” have the meanings stated in § 10–725 of the Tax – General Article.    (b)    For a qualified opportunity fund that is a qualified investor in a qualified Maryland biotechnology company under § 10–725 of the Tax – General Article, if the qualified Maryland biotechnology company, on or after March 1, 2018, is newly established in or expands into an opportunity zone:        (1)    the Level 1 opportunity zone enhancement is 65% of the investment in a qualified Maryland biotechnology company in any county, not to exceed $575,000; and        (2)    the Level 2 opportunity zone enhancement is 75% of the investment in the qualified Maryland biotechnology company in any county, not to exceed $750,000.    (c)    The enhanced tax credit percentages and maximums authorized under subsection (b) of this section are in substitution for and not in addition to the percentages and maximums under § 10–725(d) of the Tax – General Article.
MD. Economic Development Code Ann. §  6-1007 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1007 - Qualified Investor Tax Credit -- Technology Companies

    (a)    In this section, “investment”, “qualified investor”, and “qualified Maryland cybersecurity company” have the meanings stated in § 10–733 of the Tax – General Article.    (b)    For a qualified opportunity fund that is a qualified investor in a qualified Maryland cybersecurity company under § 10–733 of the Tax – General Article, if the qualified Maryland cybersecurity company, on or after March 1, 2018, is newly established in or expands into an opportunity zone in a county other than Allegany County, Dorchester County, Garrett County, or Somerset County:        (1)    the Level 1 opportunity zone enhancement is 33% of the investment in a qualified Maryland cybersecurity company, not to exceed $300,000; and        (2)    the Level 2 opportunity zone enhancement is 50% of the investment in the qualified Maryland cybersecurity company, not to exceed $500,000.    (c)    The enhanced tax credit percentages and maximums authorized under subsection (b) of this section are in substitution for and not in addition to the percentages and maximums under § 10–733(d) of the Tax – General Article.
MD. Economic Development Code Ann. §  6-1008 (2021)
2021 Maryland Statutes|Economic Development|Division I - Secretary of Commerce and Department of Commerce|Title 6 - Economic Development Tax Incentives|Subtitle 10 - Opportunity Zone Enhancement Program|Section 6-1008 - More Jobs for Marylanders Program Tax Credit

    (a)    In this section, “eligible project” and “qualified position” have the meanings stated in § 6–801 of this article.    (b)    For a qualified opportunity zone business that qualifies for a More Jobs for Marylanders Program tax credit under § 10–741(b) of the Tax – General Article:        (1)    the Level 1 opportunity zone enhancement is equal to 6% of the total amount of wages paid for each qualified position at an eligible project; and        (2)    the Level 2 opportunity zone enhancement is equal to 6.25% of the total amount of wages paid for each qualified position at an eligible project.    (c)    The enhanced tax credit percentages authorized under subsection (b) of this section are in substitution for and not in addition to the State employer withholding amount under § 10–741(b) of the Tax – General Article.
MD. Economic Development Code Ann. §  9-101 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 9 - Definitions|Subtitle 1 - Definitions|Section 9-101 - Definitions

    (a)    In this division the following words have the meanings indicated.    (b)    “County” means a county of the State or Baltimore City.    (c)    “Department” means the Department of Commerce.    (d)    “Person” means an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, partnership, firm, association, corporation, or other entity.    (e)    “Secretary” means the Secretary of Commerce.    (f)    (1)    Except as provided in paragraph (2) of this subsection, “state” means:            (i)    a state, possession, territory, or commonwealth of the United States; or            (ii)    the District of Columbia.        (2)    When capitalized, “State” means Maryland.
MD. Economic Development Code Ann. §  10-102 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 1 - Maryland Economic Development Corporation|Section 10-102 - Construction of Subtitle

    This subtitle shall be liberally construed to accomplish its purposes.
MD. Economic Development Code Ann. §  10-103 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 1 - Maryland Economic Development Corporation|Section 10-103 - Scope of Subtitle

    A project financed under this subtitle may not include property that is eligible to be financed under Subtitle 3 of this title if any bonds issued under this subtitle to finance the property would be payable or guaranteed, directly or indirectly, by an “educational institution” or a “health care institution” as those terms are defined in § 10-301 of this title.
MD. Economic Development Code Ann. §  10-105 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 1 - Maryland Economic Development Corporation|Section 10-105 - Established

    (a)    There is a Maryland Economic Development Corporation.    (b)    The Corporation is a body politic and corporate and is an instrumentality of the State.    (c)    The exercise by the Corporation of a power under this subtitle is the performance of an essential governmental function.