reglab/housing_qa huggingface dataset:
MD. Tax - General Code Ann. §  10-704.1 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-704.1 - For Purchase of Maryland-Mined Coal

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Cogenerator” means a qualifying cogenerator or qualifying small power producer as determined by the Federal Energy Regulatory Commission under the Public Utility Regulatory Policies Act of 1978.        (3)    “Electricity supplier” has the meaning stated in § 1–101 of the Public Utilities Article.    (b)    This section does not apply to:        (1)    a cogenerator or electricity supplier that is subject to the public service company franchise tax; or        (2)    an electricity supplier that, before July 1, 1999, was not an electric company as defined in § 1–101 of the Public Utilities Article as in effect on June 30, 1999, unless the electricity supplier is an affiliate of such an electric company.    (c)    Subject to the limitations in § 8–406(b)(2) of this article, a cogenerator or electricity supplier may claim a credit against the State income tax in the amount of $3 for each ton of Maryland–mined coal that the cogenerator or electricity supplier purchased in the taxable year.    (d)    (1)    A cogenerator or electricity supplier may only apply the credit against the State income tax for the taxable year in which the credit was earned.        (2)    The amount of the credit may not exceed the State income tax for that taxable year.        (3)    The total amount of credits approved under this section shall be subject to the limitations in § 8–406(b)(2)(iv), (v), and (vi) of this article.    (e)    A cogenerator or electricity supplier shall submit an application in accordance with § 8–406(b)(2)(iii) of this article in order to claim the credit available under this section.
MD. Tax - General Code Ann. §  10-704.4 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-704.4 - Credit for Wages Paid Pursuant to Title 6, Subtitle 3 of the Economic Development Article

    An individual or a corporation may claim a credit against the income tax for wages paid to qualified employees as provided under Title 6, Subtitle 3 of the Economic Development Article.
MD. Tax - General Code Ann. §  10-704.5 (2021)
2021 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.
MD. Tax - General Code Ann. §  10-704.6 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-704.6 - For Neighborhood and Community Assistance

    An individual or a corporation may claim a credit against the State income tax for neighborhood and community assistance contributions as provided under § 6-404 of the Housing and Community Development Article.
MD. Tax - General Code Ann. §  10-704.7 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-704.7 - For Wages, Child Care, and Transportation for Qualified Employees With Disabilities

    (a)    An individual or a corporation may claim a credit against the income tax for:        (1)    wages paid to a qualified employee with a disability; and        (2)    (i)    child care provided or paid for by a business entity for the children of a qualified employee with a disability as provided under § 21–309 of the Education Article; or            (ii)    transportation provided or paid for by the business entity for a qualified employee with a disability as provided under § 21–309 of the Education Article.    (b)    (1)    An organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code may apply the credit under this section:            (i)    as a credit against income tax due on unrelated business taxable income as provided under §§ 10–304 and 10–812 of this title; or            (ii)    as a credit for the payment to the Comptroller of taxes that the organization:                1.    is required to withhold from the wages of employees under § 10–908 of this title; and                2.    is required to pay to the Comptroller under § 10–906(a) of this title.        (2)    If the credit allowed under this subsection in any taxable year exceeds the sum of the State income tax otherwise payable by the organization for that taxable year and the taxes that the organization has withheld from the wages of employees and is required to pay to the Comptroller under § 10–906(a) of this title for the taxable year, the organization may apply the excess as a credit under paragraph (1)(i) or (ii) of this subsection in succeeding taxable years for the carryforward period provided in § 21–309 of the Education Article.        (3)    The Comptroller shall adopt regulations to provide procedures for claiming and applying credits authorized under paragraph (1)(ii) of this subsection.
MD. Tax - General Code Ann. §  10-704.8 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-704.8 - For New Job Creating Businesses

    An individual or a corporation may claim a State tax credit against the income tax as provided under § 9-230 of the Tax - Property Article.
MD. Tax - General Code Ann. §  10-705 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-705 - Evidence of Entitlement Required

    To be allowed a credit under this subtitle, a person shall submit to the Comptroller satisfactory evidence that the person is entitled to the credit.
MD. Tax - General Code Ann. §  10-706 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-706 - Effect of Credit on County and State Income Tax Computation

    (a)    Except as otherwise provided in this section, a credit allowed under this subtitle is allowed against the State income tax only.    (b)    A credit under § 10-701 of this subtitle is allowed against the total county and State income taxes.    (c)    (1)    A credit allowed under § 10-704(a)(1) or § 10-709(b)(1) of this subtitle is allowed against the State income tax only.        (2)    A credit allowed under § 10-704(a)(2) or § 10-709(b)(2) of this subtitle is allowed against the county income tax only.
MD. Tax - General Code Ann. §  10-707 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-707 - For Residential Real Estate Property Tax

    (a)    An individual may claim a credit against the State income tax for a taxable year in the amount specified in subsection (b) of this section for property tax paid in that taxable year for owner-occupied, residential real property that is granted a property tax credit under § 9-317(e), § 9-318(d), or § 9-326 of the Tax - Property Article.    (b)    The credit shall equal the amount of the property tax credit granted for property tax paid under § 9-317(e), § 9-318(d), or § 9-326 of the Tax - Property Article.    (c)    If the credit allowed under this section in any taxable year exceeds the State income tax for that taxable year, calculated before application of the credits under this section and §§ 10-701 and 10-701.1 of this subtitle, but after application of the other credits allowable under this subtitle, the excess of the credit shall be refunded.
MD. Tax - General Code Ann. §  10-709 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-709 - Low Income Tax Credit

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Applicable poverty income level” means the amount specified in the poverty income standard that corresponds to the number of exemptions which the individual is allowed and claims under § 10–211(b)(1) of this title.        (3)    “Eligible low income taxpayer” means an individual, or an individual and the individual’s spouse if they file a joint income tax return:            (i)    whose federal adjusted gross income as modified under §§ 10–204 through 10–206 of this title does not exceed the applicable poverty income level;            (ii)    whose earned income as defined under § 32(c)(2) of the Internal Revenue Code does not exceed the applicable poverty income level;            (iii)    who is not claimed as an exemption on another individual’s tax return under § 10–211 of this title; and            (iv)    for whom the credit allowed under § 10–704(a)(1) of this subtitle is less than the State income tax.        (4)    “Poverty income standard” means the most recent poverty income guideline published by the United States Department of Health and Human Services, available as of July 1 of the taxable year.    (b)    (1)    An eligible low income taxpayer may claim a credit against the State income tax for a taxable year in the amount determined under subsection (c) of this section.        (2)    An eligible low income taxpayer may claim a credit against the county income tax for a taxable year in the amount determined under subsection (d) of this section.    (c)    Except as provided in subsection (e) of this section, the credit allowed against the State income tax under subsection (b)(1) of this section equals the lesser of:        (1)    the State income tax determined after subtracting the credit allowed under § 10–704(b)(1) of this subtitle; or        (2)    an amount equal to 5% of the eligible low income taxpayer’s earned income, as defined under § 32(c)(2) of the Internal Revenue Code.    (d)    Except as provided in subsection (e) of this section, the credit allowed against the county income tax under subsection (b)(2) of this section equals the lesser of:        (1)    the county income tax determined after subtracting the credit allowed under § 10–704(c) of this subtitle; or        (2)    an amount equal to the county income tax rate multiplied times the eligible low income taxpayer’s earned income, as defined under § 32(c)(2) of the Internal Revenue Code.    (e)    Of the amount determined under subsection (c) or subsection (d) of this section, an individual who is a nonresident or is a resident of the State for only a part of the year is allowed only a fraction:        (1)    the numerator of which is the individual’s Maryland adjusted gross income; and        (2)    the denominator of which is the individual’s federal adjusted gross income.
MD. Tax - General Code Ann. §  10-710 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-710 - For Long-Term Care Insurance

    (a)    In this section, “long-term care insurance” has the meaning stated in § 18-101 of the Insurance Article.    (b)    (1)    Subject to the limitation under paragraph (2) of this subsection, an employer may claim a tax credit in an amount equal to 5% of the costs incurred by the employer during the taxable year to provide long-term care insurance as part of an employee benefit package.        (2)    The credit allowed under this section may not exceed the lesser of:            (i)    $5,000; or            (ii)    $100 for each employee in the State covered by long-term care insurance provided under the employee benefit package.    (c)    (1)    An individual or corporation may apply the credit under subsection (b) of this section against the State income tax.        (2)    An organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code may apply the credit under this section against State income tax due on unrelated business taxable income as provided under §§ 10-304 and 10-812 of this title.    (d)    (1)    If the employer is subject to more than one tax against which the credit allowed under this section may be applied, the same credit may not be applied more than once against different taxes.        (2)    If the credit allowed under this subsection in any taxable year exceeds the total tax otherwise payable by the employer for that taxable year, the employer may apply the excess as a credit for succeeding taxable years until the earlier of:            (i)    the full amount of the excess is used; or            (ii)    the expiration of the 5th taxable year after the taxable year in which the costs to provide long-term care insurance as part of an employee benefit package were incurred.
MD. Tax - General Code Ann. §  10-714 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-714 - One Maryland Economic Development Tax Credits

    An individual or corporation may claim a credit against the State income tax for One Maryland project costs and start–up costs as provided under Title 6, Subtitle 4 of the Economic Development Article.
MD. Tax - General Code Ann. §  10-715 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-715 - For Providing Employee Commuter Benefits

    (a)    An individual or corporation may claim a credit against the State income tax for the cost of providing commuter benefits to the business entity’s employees as provided under § 2-901 of the Environment Article.    (b)    An organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code may apply the credit under this section as a credit for the payment to the Comptroller of taxes that the organization:        (1)    is required to withhold from the wages of employees under § 10-908 of this title; and        (2)    is required to pay to the Comptroller under § 10-906(a) of this title.
MD. Tax - General Code Ann. §  10-717 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-717 - For Certified Classroom Teacher or Teacher at State, Local, or Juvenile Correctional Facility

    (a)    An individual who is a classroom teacher or a teacher at a State or local correctional facility or a juvenile facility listed in § 9–226 of the Human Services Article and who holds a standard professional certificate or an advanced professional certificate may claim a credit against the State income tax for up to $1,500 of tuition paid by the individual during the taxable year for graduate level courses required to maintain certification if the individual:        (1)    successfully completes the courses with a grade of B or better;        (2)    is employed by a county board of education, a State or local correctional facility, or a juvenile facility listed in § 9–226 of the Human Services Article;        (3)    teaches in a public school, a State or local correctional facility, or a juvenile facility listed in § 9–226 of the Human Services Article and receives a satisfactory performance evaluation for that teaching; and        (4)    has not been reimbursed by the State or a county for the tuition paid.    (b)    (1)    If a county, the State or local correctional facility, or a juvenile facility listed in § 9–226 of the Human Services Article partially reimburses an individual for tuition paid, the individual may claim a tax credit allowed under this section for the balance of the tuition not paid by the county or the State.        (2)    The credit allowed under this section may not exceed the State income tax for that taxable year, calculated before the application of the credits allowed under this section and §§ 10–701 and 10–701.1 of this subtitle but after the application of the other credits allowable under this subtitle.        (3)    The unused amount of the credit for any taxable year may not be carried over to any other taxable year.
MD. Tax - General Code Ann. §  10-718 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-718 - Eligible Long-Term Care Premiums

    (a)    In this section, “eligible long–term care premiums” means eligible long–term care premiums within the meaning of § 213(d)(10) of the Internal Revenue Code for a long–term care insurance contract covering an individual who is a Maryland resident.    (b)    An individual may claim a credit against the State income tax in an amount equal to 100% of the eligible long–term care premiums paid by the individual during the taxable year for long–term care insurance covering the individual or the individual’s spouse, parent, stepparent, child, or stepchild.    (c)    The credit allowed under this section:        (1)    may not exceed $500 for each insured covered by long–term care insurance for which the individual pays the premiums;        (2)    may not be claimed by more than one taxpayer with respect to the same insured individual; and        (3)    may not be claimed with respect to an insured individual if:            (i)    the insured individual was covered by long–term care insurance at any time before July 1, 2000; or            (ii)    the credit has been claimed with respect to that insured individual by any taxpayer for any prior taxable year.    (d)    (1)    The total amount of the credit allowed under this section for any taxable year may not exceed the State income tax for that taxable year, calculated before application of the credits under this section and §§ 10–701 and 10–701.1 of this subtitle, but after application of the other credits allowable under this subtitle.        (2)    The unused amount of the credit for any taxable year may not be carried over to any other taxable year.    (e)    The credit allowed under this section does not affect the treatment under this title of any deduction or exclusion allowed for federal income tax purposes for the eligible long–term care premiums paid by the individual.    (f)    On or before December 1, 2005 and each December 1 thereafter, the Comptroller shall report to the Governor and, subject to § 2–1257 of the State Government Article, to the General Assembly, regarding the credit allowed under this section, including:        (1)    the number of individuals who have claimed the credit, the amount allowed as credits, and the additional number of individuals covered by long–term care insurance as a result of the credit; and        (2)    the savings under the State’s Medical Assistance Program as a result of additional individuals being covered by long–term care insurance as a result of the credit.
MD. Tax - General Code Ann. §  10-719 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-719 - Costs of Energy Storage Systems

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Administration” means the Maryland Energy Administration.        (3)    “Energy storage system” means a system used to store electrical energy, or mechanical, chemical, or thermal energy that was once electrical energy, for use as electrical energy at a later date or in a process that offsets electricity use at peak times.        (4)    “Taxpayer” means:            (i)    the owner of a residential property who purchases and installs an energy storage system on the residential property;            (ii)    the owner of a commercial property who purchases and installs an energy storage system on the commercial property; or            (iii)    an individual or a corporation that owns or pays for the installation of an energy storage system that supplies electrical energy intended for use on the residential or commercial property on which the energy storage system is installed.    (b)    Subject to the limitations of this section, a taxpayer that receives a tax credit certificate may claim a credit against the State income tax for the total installed costs of an energy storage system installed on residential or commercial property during the taxable year.    (c)    On application by a taxpayer, the Administration shall issue a tax credit certificate that may not exceed the lesser of:        (1)    (i)    for an energy storage system installed on a residential property, $5,000; or            (ii)    for an energy storage system installed on a commercial property, $150,000; or        (2)    30% of the total installed costs of the energy storage system.    (d)    The Administration may not issue an aggregate amount of tax credit certificates exceeding $750,000 for a taxable year.    (e)    The Administration shall approve all applications that qualify for a tax credit certificate:        (1)    on a first–come, first–served basis; and        (2)    in a timely manner.    (f)    (1)    The total amount of the credit allowed under this section for any taxable year may not exceed the State income tax for that taxable year, calculated before the application of the credits under this section and §§ 10–701 and 10–701.1 of this subtitle, but after the application of other credits allowable under this subtitle.        (2)    The unused amount of credit for any taxable year may not be carried over to any other taxable year.    (g)    The credit under this section may not be claimed for an energy storage system installed before January 1, 2018, or after December 31, 2022.    (h)    On or before January 31 each taxable year, the Administration shall report to the Comptroller on the tax credit certificates issued under this section during the prior taxable year.    (i)    The Administration, in consultation with the Comptroller, shall adopt regulations to carry out this section.
MD. Tax - General Code Ann. §  10-724 (2021)
2021 Maryland Statutes|Tax - General|Title 10 - Income Tax|Subtitle 7 - Income Tax Credits|Section 10-724 - For Aquaculture Oyster Floats

    (a)    In this section, “aquaculture oyster float” means a device that is:        (1)    purchased new;        (2)    specifically designed for the purpose of growing oysters at or under an individual homeowner’s pier; and        (3)    constructed to be fully buoyant and facilitate the growth of oysters for the width of the pier.    (b)    Subject to the limitations of this section, an individual may claim a credit against the State income tax in an amount equal to 100% of the purchase price of aquaculture oyster floats purchased during the taxable year.    (c)    (1)    For any taxable year, the credit allowed under this section may not exceed the lesser of:            (i)    $500; or            (ii)    the State income tax imposed for the taxable year calculated before the application of the credits allowed under this section and under §§ 10-701 and 10-701.1 of this subtitle but after the application of any other credit allowed under this subtitle.        (2)    The unused amount of the credit may not be carried over to any other taxable year.