Maryland Disclosure Regimes

State Year of Disclosure Law Specific Subsidy Program Affected by Law
(*Means Update to Earlier Law)		 Disclosure Law State Statute Excerpt Subsidies in Sample? (Y/N) Internal Disclosure? (Y/N) External Disclosure? (Y/N)
Maryland 1996 Economic Opportunities Development Program 1996 Md. HB 795 Md. State Finance and Procurement Code Ann. § 7-314(g) The Department of Business and Economic Development shall report to the Governor and, subject to Section 2-1312 of the State Government Article, to the General Assembly before January 1 of each year [A> : <A]
[A> (I) <A] the financial status of the program and a summary of its operation for the preceding fiscal year;
[A> (II) FOR THE PREVIOUS 3 FISCAL YEARS, THE STATUS OF FUND DISBURSEMENTS FOR ECONOMIC DEVELOPMENT PROJECTS APPROVED BY THE LEGISLATIVE POLICY COMMITTEE UNDER THIS SECTION; AND <A]
[A> (III) FOR THE PREVIOUS 3 FISCAL YEARS, THE STATUS OF JOB CREATION, CAPITAL INVESTMENT, AND OTHER MEASURES OF ECONOMIC DEVELOPMENT FOR EACH ECONOMIC DEVELOPMENT PROJECT APPROVED BY THE LEGISLATIVE POLICY COMMITTEE UNDER THIS SECTION. <A]
[A> (2) IF THE JOB CREATION, CAPITAL INVESTMENT, AND OTHER MEASURES OF ECONOMIC DEVELOPMENT DESCRIBED IN PARAGRAPH (2) OF THIS SUBSECTION ARE LOWER THAN NEGOTIATED ACCORDING TO SUBSECTION (H)(1) OF THIS SECTION, THE REPORT SHALL CONTAIN AN EXPLANATION. <A]
[A> (3) UPON RECEIPT OF THE REPORT, THE LEGISLATIVE POLICY COMMITTEE SHALL HAVE 60 DAYS TO REVIEW AND COMMENT ON THE REPORT, DURING WHICH TIME THE DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT SHALL PROVIDE ANY ADDITIONAL INFORMATION REGARDING THIS FUND AS REQUESTED BY THE LEGISLATIVE POLICY COMMITTEE. <A]		 N N Y
Maryland 1997 Brownfield Revitalization Incentive Program 1997 Md. SB 340 Md. Ann. Code Art. 83A, Subtitle 9, Section 3-901 through 3-905 BE IT FURTHER ENACTED, That the Department of Business and Economic Development shall report to the Governor and, subject to Section 2-1312 of the State Government Article, to the House Environmental Matters Committee and the Senate Economic and Environmental Affairs Committee on or before July 1 of 1998, 1999, and 2000, on:
1. The geographic location and other characteristics of applicants to the Brownfields Revitalization Incentive Program, the number of requests to participate in the Program approved and denied, and the Department's reasons for the Department's denial;
2. The availability of financial incentives to qualified Brownfields sites, including information on the types of incentives available as well as on the amount of assistance provided under those incentives; and
3. The advisability of making responsible persons who did not cause or contribute to the contamination of a potential Brownfields site eligible to participate in the Brownfields Revitalization Incentive Program.		 N N Y
Maryland 1999 Job Creation Tax Credit 1999 Md. HB 1148 Md. Tax-Property Code Ann. § 9-230 (m) On October 1 of each year, each county and municipal corporation that has granted tax credits under this section shall report to the Department, the Department of Commerce, and the Comptroller:
(1) the amount of each credit granted for that year; and
(2) whether the business entity is in compliance with the requirements for the tax credit.		 N N Y
Maryland 1999 Payments in Lieu of Taxes Programs - City of Baltimore 1999 Md. HB 559 Md. Tax-Property Code Ann. § 7-504.3 [A> (D) ON OR BEFORE JANUARY 1 OF EACH YEAR, THE CITY OF BALTIMORE OR ITS DESIGNATED AGENCY SHALL REPORT TO THE PRESIDENT OF THE CITY COUNCIL OF BALTIMORE AND, SUBJECT TO SECTION 2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY OF MARYLAND: <A]
[A> (1) A DESCRIPTION OF EACH PROJECT FOR WHICH THE CITY ENTERED INTO A PAYMENT IN LIEU OF TAXES AGREEMENT UNDER THIS SECTION DURING THE PRIOR FISCAL YEAR, INCLUDING A STATEMENT OF: <A]
[A> (I) THE BASIS ON WHICH EACH PROJECT MET THE REQUIREMENTS SET FORTH IN SUBSECTION (A)(3) OF THIS SECTION; AND <A]
[A> (II) THE ANALYSIS OF THE PROJECT DESCRIBED IN SUBSECTION (B)(1) OF THIS SECTION; AND <A]
[A> (2) FOR THOSE PROJECTS THAT HAVE A PAYMENT IN LIEU OF TAXES AGREEMENT AND FOR WHICH CONSTRUCTION OR REHABILITATION HAS BEEN COMPLETED: <A]
[A> (I) THE NUMBER AND TYPES OF JOBS CREATED DURING THE PRECEDING FISCAL YEAR AND ESTIMATED TO BE CREATED DURING THE FOLLOWING FISCAL YEAR; <A]
[A> (II) THE TOTAL TAXES THAT THE PROJECT IS ESTIMATED TO HAVE GENERATED, DIRECTLY AND INDIRECTLY, FOR THE CITY OF BALTIMORE DURING THE PRECEDING FISCAL YEAR AND ESTIMATED TO BE GENERATED DURING THE FOLLOWING FISCAL YEAR; AND <A]
[A> (III) ANY OTHER ECONOMIC BENEFITS OF THE PROJECT. <A]		 N N Y
Maryland 2001 Skills-based Training for Employment Promotion (STEP) Pilot Program 2001 MD SB 367 A) BY JANUARY 1 <A] [D> OF EACH YEAR <D] [A> , 2003 AND EACH YEAR THEREAFTER, THE BOARD SHALL SUBMIT A REPORT TO THE GOVERNOR AND THE GENERAL ASSEMBLY, IN ACCORDANCE WITH SECTION 2-1246 OF THE STATE GOVERNMENT ARTICLE, ON THE IMPLEMENTATION OF THIS SUBTITLE. <A]
[A> (B) IN ADDITION TO ANY OTHER INFORMATION DETERMINED BY THE BOARD, USING THE DATA COLLECTED AND PROVIDED BY THE DEPARTMENT, THE REPORT SHALL: <A]
[A> (1) SPECIFY THE NUMBER OF ELIGIBLE INDIVIDUALS THAT: <A]
[A> (I) HAVE APPLIED FOR TRAINING AND SERVICES TO BE FUNDED BY THE STEP PROGRAM IN THE PRIOR CALENDAR YEAR; <A]
[A> (II) ARE PURSUING SKILLS-BASED TRAINING AND THE EXTENT TO WHICH THESE INDIVIDUALS ARE SUCCEEDING IN THE TRAINING; <A]
[A> (III) HAVE SUCCESSFULLY COMPLETED SKILLS-BASED TRAINING; <A]
[A> (IV) ARE RECEIVING WRAPAROUND SERVICES FUNDED BY THE STEP PROGRAM AND THE TYPE OF SERVICES FUNDED; <A]
[A> (V) HAVE OBTAINED ADVANCED EMPLOYMENT ON COMPLETION OF SKILLS-BASED TRAINING AND ANY CHANGE IN WAGES OR BENEFITS RECEIVED; AND <A]
[A> (VI) ARE PARTICIPATING IN EMPLOYER-BASED TRAINING PROGRAMS AND THE NUMBER AND TYPES OF EMPLOYERS PARTICIPATING IN THESE PROGRAMS; AND <A]
[A> (2) PROVIDE THE RESULTS OF THE PERFORMANCE EVALUATION OF THE STEP PROGRAM BASED ON THE STANDARDS ESTABLISHED BY THE BOARD UNDER SECTION 18-404 OF THIS SUBTITLE		 N N Y
Maryland 2005 Biotechnology Investment Tax Incentive Program 2005 Md. HB 664 Md. Tax-General Code Ann. § 10-725 [A> (H) (1) ON OR BEFORE JANUARY 10 OF EACH YEAR, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO SECTION 2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY, ON THE <A] [D> CREDITS <D] [A> INITIAL TAX CREDIT CERTIFICATES AWARDED UNDER THIS SECTION FOR THE PRIOR CALENDAR YEAR. <A]
[A> (2) THE REPORT REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL INCLUDE FOR EACH <A] [D> CREDIT <D] [A>INITIAL TAX CREDIT CERTIFICATE AWARDED: <A]
[A> (I) THE NAME OF THE QUALIFIED INVESTOR OR THE NAME OF THE QUALIFIED MARYLAND VENTURE CAPITAL FIRM <A] [D> AND THE PARTNERS IN THE QUALIFIED MARYLAND VENTURE CAPITAL FIRM <D] [A> AND THE AMOUNT OF CREDIT AWARDED OR ALLOCATED TO EACH INVESTOR OR FIRM <A] ;
[A> (III) THE DATES OF RECEIPT AND APPROVAL BY THE <A] [D> DIRECTOR <D] [A> DEPARTMENT OF ALL APPLICATIONS <A] [D>REGARDING THE CREDIT, INCLUDING APPLICATIONS <D] [A> FOR INITIAL TAX CREDIT CERTIFICATES. <A]
[A> (3) THE REPORT REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL SUMMARIZE FOR THE CATEGORY OF QUALIFIED INVESTORS AND QUALIFIED MARYLAND VENTURE CAPITAL FIRMS: <A]
[A> (I) THE TOTAL NUMBER OF APPLICANTS FOR <A] [D> CREDITS <D] [A> INITIAL TAX CREDIT CERTIFICATES UNDER THIS SECTION IN EACH CALENDAR YEAR; <A]
[A> (II) THE NUMBER OF APPLICATIONS <A] [D> WHICH A TAX CREDIT WAS CERTIFIED <D] [A> FOR WHICH INITIAL TAX CREDIT CERTIFICATES WERE ISSUED IN EACH CALENDAR YEAR; AND <A]
[A> (III) THE TOTAL <A] [D> CREDITS <D] [A> INITIAL TAX CREDIT CERTIFICATES AUTHORIZED UNDER THIS SECTION FOR ALL CALENDAR YEARS UNDER THIS SECTION. <A]
 N N Y
Maryland 2005 Film Production Activity - Employer Wage Rebate Grant Program 2005 MD SB 215 ON OR BEFORE DECEMBER 31 OF EACH YEAR, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO SECTION 2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY <A] [D> BY DECEMBER 31 OF EACH YEAR <D] [A> ON THE REBATES PROVIDED FOR FILM PRODUCTION ACTIVITY IN <A] [D> THAT <D] [A> THE PRIOR FISCAL YEAR. <A]
[A> (B) THE REPORT SHALL INCLUDE: <A]
[A> (1) THE NUMBER OF LOCAL TECHNICIANS, ACTORS, AND EXTRAS HIRED FOR FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD; <A]
[A> (2) A LIST OF COMPANIES DOING BUSINESS IN THE STATE THAT PROVIDED GOODS OR SERVICES DIRECTLY FOR FILM PRODUCTION ACTIVITY, INCLUDING HOTELS, DURING THE REPORTING PERIOD; AND <A]
[A> (3) ANY OTHER INFORMATION THAT INDICATES THE ECONOMIC BENEFITS TO THE STATE AS A RESULT OF FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD.		 N N Y
Maryland 2009 General - any contribution, grant, or subsidy of $50,000 or more provided through the State operating or capital budget or by the action of a unit of State government from State funds appropriated to that unit 2009 Md. SB 556 Md. State Finance and Procurement Code Ann. § 7-406 THE DEPARTMENT OF INFORMATION TECHNOLOGY, IN CONSULTATION WITH THE DEPARTMENT OF BUDGET AND MANAGEMENT, SHALL DEVELOP AND OPERATE A SEARCHABLE WEBSITE, ACCESSIBLE TO THE PUBLIC AT NO COST THROUGH THE INTERNET.
(2) THE SEARCHABLE WEBSITE SHALL CONTAIN THE INFORMATION REQUIRED UNDER SUBSECTION (B) OF THIS SECTION AND BE SEARCHABLE BY THE NAME OF THE GRANTEE OR BY THE GENERAL SUBJECT MATTER OF THE STATE AID CONTAIN:
(I) THE NAME OF THE GRANTOR THAT PROVIDED THE STATE AID;
(II) THE NAME OF THE GRANTEE THAT RECEIVED THE STATE AID;
(III) THE AMOUNT OF THE STATE AID THAT WAS PROVIDED TO THE GRANTEE;
(IV) THE ZIP CODE OF THE GRANTEE THAT RECEIVED THE STATE AID; AND
(V) A DESCRIPTION OF THE STATE AID THAT WAS PROVIDED TO THE GRANTEE.
(3) THE SEARCHABLE WEBSITE SHALL ALLOW A USER TO SEARCH BY THE FOLLOWING DATA FIELDS:
(I) THE GRANTEE THAT RECEIVED THE STATE AID;
(II) THE GRANTOR THAT PROVIDED THE STATE AID; AND
(III) THE ZIP CODE OF ANY GRANTEE THAT RECEIVED STATE AID.		 N Y N
Maryland 2010 JOB CREATION AND RECOVERY TAX CREDIT 2020 MD SB 106 2010 Md. LABOR AND EMPLOYMENT Code Ann. § 11-1101 ON OR BEFORE APRIL 1, 2011, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, IN ACCORDANCE WITH SECTION 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY ON THE QUALIFIED EMPLOYERS CERTIFIED AS ELIGIBLE FOR JOB CREATION AND RECOVERY TAX CREDITS AND , THE NUMBER OF JOBS QUALIFIED POSITIONS FOR WHICH THEY WERE CERTIFIED, THE TOTAL AMOUNT OF CREDITS CERTIFIED FOR EACH QUALIFIED EMPLOYER, AND THE TOTAL AMOUNT OF CREDITS CERTIFIED. N N Y
Maryland 2011 Invest Maryland program 2011 Md. HB 173 Md. Economic Development Code Ann. § 10-4A-28 (1) WITH RESPECT TO EACH PURCHASER OF PREMIUM TAX CREDITS UNDER THE PROGRAM:
(I) THE NAME OF THE PURCHASER OF PREMIUM TAX CREDITS;
(II) THE AMOUNT OF PREMIUM TAX CREDITS ALLOCATED TO THE PURCHASER;
(III) THE AMOUNT OF DESIGNATED CAPITAL THE PURCHASER CONTRIBUTED FOR THE ISSUANCE OF THE TAX CREDIT CERTIFICATE; AND
(IV) THE AMOUNT OF ANY TAX CREDITS THAT HAVE BEEN TRANSFERRED UNDER Section 6-514 OF THIS SUBTITLE;
(2) WITH RESPECT TO EACH VENTURE FIRM THAT HAS RECEIVED AN ALLOCATION OF DESIGNATED CAPITAL:
(I) THE NAME AND ADDRESS OF THE VENTURE FIRM;
(II) THE NAMES OF THE INDIVIDUALS MAKING QUALIFIED INVESTMENTS UNDER THE PROGRAM;
(III) THE AMOUNT OF DESIGNATED CAPITAL RECEIVED DURING THE PREVIOUS YEAR;
(IV) THE CUMULATIVE AMOUNT OF DESIGNATED CAPITAL RECEIVED;
(V) THE AMOUNT OF DESIGNATED CAPITAL REMAINING UNINVESTED AT THE END OF THE PREVIOUS CALENDAR YEAR;
(VI) THE NAMES AND LOCATIONS OF QUALIFIED BUSINESSES RECEIVING DESIGNATED CAPITAL AND THE AMOUNT OF EACH QUALIFIED INVESTMENT;
(VII) THE ANNUAL PERFORMANCE OF EACH QUALIFIED INVESTMENT INCLUDING THE INVESTMENT'S FAIR MARKET VALUE AS CALCULATED ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES; AND
(VIII) THE AMOUNT OF ANY QUALIFIED DISTRIBUTION OR NONQUALIFIED DISTRIBUTION TAKEN DURING THE PRIOR YEAR, INCLUDING ANY MANAGEMENT FEE;
(3) WITH RESPECT TO THE ENTERPRISE FUND:
(I) THE AMOUNT OF DESIGNATED CAPITAL RECEIVED DURING THE PREVIOUS YEAR;
(II) THE CUMULATIVE AMOUNT OF DESIGNATED CAPITAL RECEIVED;
(III) THE AMOUNT OF DESIGNATED CAPITAL REMAINING UNINVESTED AT THE END OF THE PRECEDING CALENDAR YEAR;
(IV) THE NAMES AND LOCATIONS OF QUALIFIED BUSINESSES RECEIVING DESIGNATED CAPITAL AND THE AMOUNT OF EACH QUALIFIED INVESTMENT; AND
(V) THE ANNUAL PERFORMANCE OF EACH QUALIFIED INVESTMENT INCLUDING THE INVESTMENT'S FAIR MARKET VALUE AS CALCULATED UNDER FINANCIAL ACCOUNTING STANDARD 157 OF THE FINANCIAL ACCOUNTING STANDARDS BOARD;
(4) WITH RESPECT TO THE FINANCING AUTHORITY:
(I) THE AMOUNT OF DESIGNATED CAPITAL RECEIVED DURING THE PREVIOUS YEAR AND THE AMOUNT ALLOCATED TO THE EQUITY PARTICIPATION INVESTMENT PROGRAM;
(II) THE CUMULATIVE AMOUNT OF DESIGNATED CAPITAL RECEIVED;
(III) THE AMOUNT OF DESIGNATED CAPITAL REMAINING UNINVESTED AT THE END OF THE PRECEDING CALENDAR YEAR;
(IV) THE NAMES AND LOCATIONS OF QUALIFIED BUSINESSES RECEIVING DESIGNATED CAPITAL AND THE AMOUNT OF EACH QUALIFIED INVESTMENT; AND
(V) THE ANNUAL PERFORMANCE OF EACH QUALIFIED INVESTMENT INCLUDING THE INVESTMENT'S FAIR MARKET VALUE AS CALCULATED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES; AND
(6) (5) WITH RESPECT TO THE QUALIFIED BUSINESSES IN WHICH VENTURE FIRMS, THE ENTERPRISE FUND, OR THE FINANCING AUTHORITY HAVE INVESTED:
(I) THE CLASSIFICATION OF THE QUALIFIED BUSINESSES ACCORDING TO THE INDUSTRIAL SECTOR AND THE SIZE OF THE BUSINESS;
(II) THE TOTAL NUMBER OF JOBS CREATED IN THE STATE BY THE INVESTMENT AND THE AVERAGE WAGES PAID FOR THE JOBS; AND
(III) THE TOTAL NUMBER OF JOBS RETAINED IN THE STATE AS A RESULT OF THE INVESTMENT AND THE AVERAGE WAGES PAID FOR THE JOBS ; AND .		 N Y N
Maryland 2011 Film Production Activity Credit 2011 Md. SB 672 Md. Tax-General Code Ann. § 10-730 (E) ON OR BEFORE JANUARY 1 OF EACH YEAR, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY, ON:
(1) THE NUMBER OF FILM PRODUCTION ENTITIES SUBMITTING APPLICATIONS UNDER SUBSECTION (C) OF THIS SECTION; AND
(2) THE NUMBER AND AMOUNT OF TAX CREDIT CERTIFICATES ISSUED UNDER SUBSECTION (D) OF THIS SECTION . ;
(3) THE NUMBER OF LOCAL TECHNICIANS, ACTORS, AND EXTRAS HIRED FOR FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD;
(4) A LIST OF COMPANIES DOING BUSINESS IN THE STATE, INCLUDING HOTELS, THAT DIRECTLY PROVIDED GOODS OR SERVICES FOR FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD; AND
(5) ANY OTHER INFORMATION THAT INDICATES THE ECONOMIC BENEFITS TO THE STATE RESULTING FROM FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD.		 N N Y
Maryland 2012 Prince George's County Property Tax Payment in Lieu of Taxes Agreement 2012 MD HB 898 Md. Tax-Property Code Ann. § 7-516 ON OR BEFORE JANUARY 1 OF EACH YEAR, THE PRINCE GEORGE'S COUNTY EXECUTIVE OR THE COUNTY EXECUTIVE'S DESIGNATED AGENCY SHALL SUBMIT A REPORT TO THE PRINCE GEORGE'S COUNTY COUNCIL AND TO THE PRINCE GEORGE'S COUNTY HOUSE AND SENATE DELEGATIONS OF THE GENERAL ASSEMBLY OF MARYLAND THAT CONTAINS:
(1) A DESCRIPTION OF EACH PROJECT FOR WHICH THE COUNTY ENTERED INTO A PAYMENT IN LIEU OF TAXES AGREEMENT UNDER THIS SECTION DURING THE PRIOR FISCAL YEAR, INCLUDING A STATEMENT OF:
(I) THE BASIS ON WHICH EACH PROJECT MET THE REQUIREMENTS FOR THE DEFINITION OF AN ECONOMIC DEVELOPMENT PROJECT SET FORTH IN SUBSECTION (A) OF THIS SECTION; AND
(II) THE ANALYSIS OF THE PROJECT DESCRIBED IN SUBSECTION (B)(1) OF THIS SECTION; AND
(2) FOR THOSE PROJECTS THAT HAVE A PAYMENT IN LIEU OF TAXES AGREEMENT AND FOR WHICH CONSTRUCTION OR REHABILITATION HAS BEEN COMPLETED:
(I) THE NUMBER AND TYPES OF JOBS CREATED DURING THE PRECEDING FISCAL YEAR AND ESTIMATED TO BE CREATED DURING THE FOLLOWING FISCAL YEAR;
(II) THE TOTAL TAXES THAT THE PROJECT IS ESTIMATED TO HAVE GENERATED DIRECTLY AND INDIRECTLY FOR THE COUNTY DURING THE PRECEDING FISCAL YEAR AND ESTIMATED TO BE GENERATED DURING THE FOLLOWING FISCAL YEAR; AND
(III) ANY OTHER ECONOMIC BENEFITS OF THE PROJECT.
SECTION 2. AND BE IT FURTHER ENACTED, That, on or before December 31, 2016, the Prince George's County Office of the County Executive shall report to the Chairs of the Prince George's County House and Senate Delegations, in accordance with Section 2-1246 of the State Government Article, on the implementation of this Act.		 N N Y
Maryland 2013 Film Production Activity Tax Credit*, Job Creation Tax Credit*, One Maryland Economic Development Tax Credit, Invest Maryland Program*, Biotechnology Investment Incentive Tax Credit*, Research and Development Tax Credit 2013 Md. HB 1315 Md. Economic Development Code Ann. § 2.5-109 (C) ON OR BEFORE OCTOBER 1 DECEMBER 31, 2013, AND EACH YEAR THEREAFTER, THE DEPARTMENT SHALL SUBMIT A REPORT ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS THAT WERE ADMINISTERED IN THE STATE BY THE DEPARTMENT DURING THE PREVIOUS FISCAL YEAR TO THE GOVERNOR AND, IN ACCORDANCE WITH Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY.
(C) (D)
(1) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE THE FOLLOWING DATA, IF APPLICABLE, ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS ADMINISTERED BY ALL UNITS OF THE STATE THE DEPARTMENT:
(I) THE NUMBER OF JOBS CREATED;
(II) THE NUMBER OF JOBS RETAINED;
(III) THE ESTIMATED AMOUNT OF STATE REVENUE GENERATED; AND
(IV) ANY ADDITIONAL INFORMATION REQUIRED BY THE DEPARTMENT THROUGH REGULATIONS.
(2) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE DATA IN THE AGGREGATE AND DISAGGREGATED BY:
(II) (I) EACH ECONOMIC DEVELOPMENT PROGRAM; AND
(III) (II) EACH RECIPIENT OF ASSISTANCE FROM AN ECONOMIC DEVELOPMENT PROGRAM.		 N N Y
Maryland 2013 Cybersecurity Investment Incentive Tax Credit 2013 MD HB 803 ON OR BEFORE JANUARY 10 OF EACH YEAR, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY, ON THE INITIAL TAX CREDIT CERTIFICATES AWARDED UNDER THIS SECTION FOR THE PRIOR CALENDAR YEAR.
(2) THE REPORT REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL INCLUDE FOR EACH INITIAL TAX CREDIT CERTIFICATE AWARDED:
(I) THE NAME OF THE QUALIFIED INVESTOR AND THE AMOUNT OF CREDIT AWARDED OR ALLOCATED TO EACH INVESTOR QUALIFIED MARYLAND CYBERSECURITY COMPANY;
(II) THE NAME AND ADDRESS OF THE QUALIFIED MARYLAND CYBERSECURITY COMPANY THAT RECEIVED THE INVESTMENT GIVING RISE TO THE CREDIT UNDER THIS SECTION AND THE COUNTY WHERE THE QUALIFIED MARYLAND CYBERSECURITY COMPANY IS LOCATED; AND
(III) THE DATES OF RECEIPT AND APPROVAL BY THE DEPARTMENT OF ALL APPLICATIONS FOR INITIAL TAX CREDIT CERTIFICATES.
(3) THE REPORT REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL SUMMARIZE FOR THE CATEGORY CATEGORIES OF QUALIFIED INVESTORS AND QUALIFIED MARYLAND CYBERSECURITY COMPANIES:
(I) THE TOTAL NUMBER OF APPLICANTS FOR INITIAL TAX CREDIT CERTIFICATES UNDER THIS SECTION IN EACH CALENDAR YEAR;
(II) THE NUMBER OF APPLICATIONS FOR WHICH INITIAL TAX CREDIT CERTIFICATES WERE ISSUED IN EACH CALENDAR YEAR; AND
(III) THE TOTAL INITIAL TAX CREDIT CERTIFICATES AUTHORIZED UNDER THIS SECTION FOR ALL CALENDAR YEARS UNDER THIS SECTION.		 N N Y
Maryland 2015 Economic Development Opportunities Program, Partnership for Workforce Quality Program, Security Clearance Administrative Expenses and Construction and Equipment Costs Tax Credit, the Cybersecurity Investment Incentive Tax Credit* 2015 Md. HB 67 Md. Economic Development Code Ann. § 2.5-109 (C) ON OR BEFORE OCTOBER 1 DECEMBER 31, 2013, AND EACH YEAR THEREAFTER, THE DEPARTMENT SHALL SUBMIT A REPORT ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS THAT WERE ADMINISTERED IN THE STATE BY THE DEPARTMENT DURING THE PREVIOUS FISCAL YEAR TO THE GOVERNOR AND, IN ACCORDANCE WITH Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY.
(C) (D)
(1) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE THE FOLLOWING DATA, IF APPLICABLE, ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS ADMINISTERED BY ALL UNITS OF THE STATE THE DEPARTMENT:
(I) THE NUMBER OF JOBS CREATED;
(II) THE NUMBER OF JOBS RETAINED;
(III) THE ESTIMATED AMOUNT OF STATE REVENUE GENERATED;
(IV) THE STATUS OF ANY SPECIAL FUND; AND
(V) ANY ADDITIONAL INFORMATION REQUIRED BY THE DEPARTMENT THROUGH REGULATIONS.
(2) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE DATA IN THE AGGREGATE AND DISAGGREGATED BY:
(II) (I) EACH ECONOMIC DEVELOPMENT PROGRAM; AND
(III) (II) EACH RECIPIENT OF ASSISTANCE FROM AN ECONOMIC DEVELOPMENT PROGRAM.		 N N Y
Maryland 2015 Film Production Activity Tax Credit* 2015 MD SB 905 Md. Tax-General Code Ann. § 10-730 On or before January 1 of each year, the Department shall report to the Governor and, subject to Section 2-1246 of the State Government Article, the General Assembly, on:
(1) (I) the number of film production entities submitting applications under subsection (c) of this section;
(2) (II) the number and amount of tax credit certificates issued under subsection (d) of this section;
(3) (III) the number of local technicians, actors, and extras hired for film production activity during the reporting period;
(4) (IV) a list of companies doing business in the State, including hotels, that directly provided goods or services for film production activity during the reporting period; and
(5) (V) A LIST OF COMPANIES DOING BUSINESS IN THE STATE THAT DIRECTLY PROVIDED GOODS OR SERVICES FOR FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD THAT QUALIFIED DURING THE REPORTING PERIOD AS MINORITY BUSINESS ENTERPRISES UNDER Section 14-301(F) OF THE STATE FINANCE AND PROCUREMENT ARTICLE;
(6) (VI) A LIST OF COMPANIES DOING BUSINESS IN THE STATE THAT DIRECTLY PROVIDED GOODS OR SERVICES FOR FILM PRODUCTION ACTIVITY DURING THE REPORTING PERIOD THAT, AS DETERMINED BY THE DEPARTMENT, ARE CONSIDERED SMALL BUSINESSES; AND
(5) (7) (VII) any other information that indicates the economic benefits to the State resulting from film production activity during the reporting period.
(2) ON OR BEFORE JULY 1 OF EACH YEAR, THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY ON:
(I) THE AMOUNT OF TAX CREDITS NECESSARY TO MAINTAIN THE CURRENT LEVEL OF FILM PRODUCTION ACTIVITY IN THE STATE; AND
(II) THE AMOUNT OF TAX CREDITS NECESSARY TO ATTRACT NEW FILM PRODUCTION ACTIVITY TO THE STATE.		 N N Y
Maryland 2017 Job Creation Tax Credit 2017 MD SB 873 Md. Economic Development Code Ann. § 6-307 In accordance with Section 2.5-109 of this article, the Department shall submit a report on :
(1) the each business entities entity certified as eligible for job creation tax credits in the preceding fiscal taxable year ;
(2) whether the credits for which the business entity was certified resulted from the entity's establishment, expansion, or relocation;
(3) whether the business entity had a presence in the State before claiming the credit;
(4) the total number of employees of the business entity; and
(5) the total number of years that the business entity has been in business .
(b) In accordance with Section 2-110 of the Insurance Article, the Maryland Insurance Commissioner shall submit a report on:
(1) each insurer claiming the credit against the insurance premium tax under Section 6-114 of the Insurance Article;
(2) the total amount of credits claimed by insurers under Section 6-114 of the Insurance Article; and
(3) the number of insurers claiming the credit.		 N N Y
Maryland 2018 Cybersecurity Incentive Tax Credits 2018 MD SB 228 Md. Tax-General Code Ann. § 10-733.1 In accordance with Section 2.5-109 of the Economic Development Article, the Department shall submit a report on the credit certificates awarded under this section for the calendar year.
(2) The report required under paragraph (1) of this subsection shall include for each credit certificate awarded:
(i) the names of the qualified buyer and the qualified seller and the amount of the credit certificate approved for each qualified buyer;
(ii) the name and address of the qualified buyer that received the credit under this section and the county where the qualified buyer is located; and
(iii) the dates of receipt and approval by the Department of all applications for credit certificates.
(3) The report required under paragraph (1) of this subsection shall summarize for the categories of qualified buyers:
(i) the total number of applicants for credit certificates under this section in each calendar year;
(ii) the number of applications for which credit certificates were issued in each calendar year; and
(iii) the total amount of credit certificates authorized under this section for all calendar years under this section.
(g) The Department and the Comptroller jointly shall adopt regulations to carry out this section and to specify criteria and procedures for application for, approval of, and monitoring continuing eligibility for the tax credit under this section.		 N N Y
Maryland 2019 Opportunity Zone Incentives 2019 MD SB 581 Md. Housing and Community Development Code Ann. § 2-301 ON OR BEFORE DECEMBER 1, 2019, AND EACH DECEMBER 1 THEREAFTER, THE DEPARTMENT SHALL SUBMIT A REPORT TO THE GOVERNOR AND, IN ACCORDANCE WITH § 2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY ON:
(1) WITH RESPECT TO FINANCIAL ASSISTANCE PROVIDED UNDER TITLE 4, SUBTITLE 2 OF THIS ARTICLE:
(I) THE NUMBER OF PROJECTS THAT QUALIFIED AS BUSINESS PROJECTS UNDER § 4-223 OF THIS ARTICLE;
(II) THE LOCATION OF EACH BUSINESS PROJECT, INCLUDING WHETHER THE BUSINESS PROJECT IS LOCATED:
1. IN AN AREA DESIGNATED AS A PRIORITY FUNDING AREA UNDER § 5-7B-02 OF THE STATE FINANCE AND PROCUREMENT ARTICLE; OR
2. ONLY IN A QUALIFIED OPPORTUNITY ZONE DESIGNATED UNDER § 1400Z-1 OF THE INTERNAL REVENUE CODE; AND
(III) THE AMOUNT OF GRANTS OR LOANS PROVIDED FOR THE DEVELOPMENT OF EACH BUSINESS PROJECT;		 N N Y
Maryland 2019 Maryland Technology Development Corporation investments 2019 MD HB 543 Md. Economic Development Code Ann. § 10-415 ON A QUARTERLY BASIS, THE CORPORATION SHALL REPORT TO THE GOVERNOR, THE MARYLAND ECONOMIC DEVELOPMENT COMMISSION, AND, IN ACCORDANCE WITH § 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE JOINT AUDIT COMMITTEE AND THE GENERAL ASSEMBLY.
(2) THE REPORT REQUIRED UNDER THIS SUBSECTION SHALL INCLUDE A LIST OF THE QUALIFIED BUSINESSES OR OTHER BUSINESSES RECEIVING SUPPORT THROUGH PROGRAMS ADMINISTERED BY THE CORPORATION, INCLUDING THOSE RECEIVING INVESTMENTS MADE UNDER § 21-123.2 OF THE STATE PERSONNEL AND PENSIONS ARTICLE.
(3) THE LIST OF QUALIFIED BUSINESSES OR OTHER BUSINESSES RECEIVING SUPPORT SHALL INCLUDE FOR EACH BUSINESS:
(I) THE NUMBER OF EMPLOYEES IN THE STATE;
(II) THE NUMBER OF EMPLOYEES OUTSIDE THE STATE;
(III) THE CAPITAL OR OTHER INVESTMENTS MADE IN THE STATE; AND
(IV) PROPOSED JOB CREATION OR CAPITAL INVESTMENT IN THE STATE AS A RESULT OF THE INVESTMENT OR SUPPORT.		 N N Y
Maryland 2020 Opportunity Zone Incentives* 2020 Md. HB 45 The information published on the website:
(I) SHALL BE ITEMIZED BY QUALIFIED OPPORTUNITY FUND ZONE;
(II) SHALL BE SUMMARIZED IN THE AGGREGATE;		 N Y N
Maryland 2020 THE MORE JOBS FOR MARYLANDERS TAX CREDIT; THE PURCHASE OF CYBERSECURITY TECHNOLOGY OR SERVICE TAX CREDIT*; THE OPPORTUNITY ZONE ENHANCEMENT TAX CREDIT*; THE SMALL BUSINESS RELIEF TAX CREDIT 2020 Md. HB 1026 Md. Economic Development Code Ann. § 2.5-109 (C) ON OR BEFORE OCTOBER 1 DECEMBER 31, 2013, AND EACH YEAR THEREAFTER, THE DEPARTMENT SHALL SUBMIT A REPORT ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS THAT WERE ADMINISTERED IN THE STATE BY THE DEPARTMENT DURING THE PREVIOUS FISCAL YEAR TO THE GOVERNOR AND, IN ACCORDANCE WITH Section 2-1246 OF THE STATE GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY.
(C) (D)
(1) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE THE FOLLOWING DATA, IF APPLICABLE, ON ALL THE ECONOMIC DEVELOPMENT PROGRAMS ADMINISTERED BY ALL UNITS OF THE STATE THE DEPARTMENT:
(I) THE NUMBER OF JOBS CREATED;
(II) THE NUMBER OF JOBS RETAINED;
(III) THE ESTIMATED AMOUNT OF STATE REVENUE GENERATED; AND
(IV) ANY ADDITIONAL INFORMATION REQUIRED BY THE DEPARTMENT THROUGH REGULATIONS.
(2) THE REPORT REQUIRED UNDER THIS SECTION SHALL INCLUDE DATA IN THE AGGREGATE AND DISAGGREGATED BY:
(II) (I) EACH ECONOMIC DEVELOPMENT PROGRAM; AND
(III) (II) EACH RECIPIENT OF ASSISTANCE FROM AN ECONOMIC DEVELOPMENT PROGRAM.		 N N Y
Maryland 2020 the Job Creation Tax Credit*, the One Maryland Economic Development Tax Credit*; the Biotechnology Investment Incentive Tax Credit*; the Research and Development Tax Credit*; the Security Clearance Administrative Expenses and Construction and Equipment Costs Tax Credit*; the Cybersecurity Investment Incentive Tax Credit*, THE MORE JOBS FOR MARYLANDERS TAX CREDIT*; THE PURCHASE OF CYBERSECURITY TECHNOLOGY OR SERVICE TAX CREDIT*; THE OPPORTUNITY ZONE ENHANCEMENT TAX CREDIT*; THE SMALL BUSINESS RELIEF TAX CREDIT* 2020 Md. HB 1026 Md. Economic Development Code Ann. § 2.5-109 (E) ON OR BEFORE DECEMBER 31, 2020, IN ADDITION TO THE REPORT REQUIRED UNDER SUBSECTION (C) OF THIS SECTION, THE DEPARTMENT SHALL ESTABLISH, MAINTAIN, AND UPDATE ANNUALLY A PUBLICLY AVAILABLE DATABASE ON THE DEPARTMENT’S WEBSITE THAT:
(1) PROVIDES INFORMATION THAT IS DOWNLOADABLE BY THE PUBLIC IN A COMMON MACHINE-READABLE FORMAT; AND
(2) INCLUDES:
(I) THE NAME OF EACH BUSINESS ENTITY THAT IS A RECIPIENT OF AN ECONOMIC DEVELOPMENT PROGRAM;
(II) THE TOTAL AMOUNT OF TAX CREDITS CERTIFIED, FINANCIAL ASSISTANCE PAID, AND LOANS FORGIVEN OR UNCOLLECTIBLE BY THE DEPARTMENT, REPORTED IN THE AGGREGATE FOR EACH ECONOMIC DEVELOPMENT PROGRAM AND EACH RECIPIENT OF THE TAX CREDIT OR FINANCIAL ASSISTANCE;
(III)
1. FOR ANY TAX CREDIT OR FINANCIAL ASSISTANCE THAT IS CERTIFIED OR PAID BY THE DEPARTMENT TO INCENTIVIZE JOB CREATION OR RETENTION:
A. THE NUMBER OF JOBS EACH RECIPIENT OF THE CREDIT OR ASSISTANCE CLAIMED IT WOULD CREATE OR RETAIN IN ITS APPLICATION FOR THE CREDIT OR ASSISTANCE;
B. THE NUMBER OF JOBS ACTUALLY CREATED OR RETAINED BY EACH RECIPIENT; AND
C. THE AVERAGE SALARY OF THE JOBS CREATED OR RETAINED BY EACH RECIPIENT; AND
2. FOR ANY TAX CREDIT OR AMOUNT OF FINANCIAL ASSISTANCE THAT IS CERTIFIED OR AWARDED BY THE DEPARTMENT TO INCENTIVIZE ACTIVITIES OTHER THAN JOB CREATION OR RETENTION, A DESCRIPTION OF HOW THE CREDIT OR ASSISTANCE BENEFITS THE STATE; AND
(IV) A STATEMENT INDICATING WHETHER, DURING THE CURRENT REPORTING YEAR, THE DEPARTMENT REDUCED, REVOKED, OR RECAPTURED A TAX CREDIT OR ANY AMOUNT OF FINANCIAL ASSISTANCE FROM A RECIPIENT AND, IF APPLICABLE:
1. THE TOTAL AMOUNT RECOVERED AS A RESULT OF THE REDUCTION, REVOCATION, OR RECAPTURE, AND ANY PENALTY ASSESSED; AND
2. A JUSTIFICATION FOR THE REDUCTION, REVOCATION, OR RECAPTURE.		 N Y N
Maryland 2021 Biotechnology Investment Tax Incentive Program* 2021 MD SB 19 Md. Tax-General Code Ann. § 10-725 In accordance with § 2.5-109 of the Economic Development Article, the Department shall report on :
(I) the initial tax credit certificates awarded under this section for the calendar year , including the number of initial tax credit certificates awarded to qualified investors for investments in qualified Maryland biotechnology companies that were not certified by the Department in the previous calendar year; and
(II) FOR EACH QUALIFIED MARYLAND BIOTECHNOLOGY COMPANY THAT RECEIVES AN INVESTMENT FOR WHICH AN INITIAL TAX CREDIT CERTIFICATE IS AWARDED UNDER THIS SECTION FOR THE CALENDAR YEAR:
1. THE NUMBER OF YEARS THAT THE COMPANY HAS BEEN IN ACTIVE BUSINESS; AND
2. THE NUMBER OF YEARS THAT QUALIFIED INVESTORS IN THE COMPANY HAVE RECEIVED TAX CREDITS UNDER THIS SECTION.
(2) The report required under paragraph (1) of this subsection shall include for each initial tax credit certificate awarded:
(i) the name of the qualified investor and the amount of credit awarded or allocated to each investor;
(ii) the name and address of the qualified Maryland biotechnology company that received the investment giving rise to the credit under this section and the county where the qualified Maryland biotechnology company is located; and
(iii) the dates of receipt and approval by the Department of all applications for initial tax credit certificates.
(3) The report required under paragraph (1) of this subsection shall summarize for the category of qualified investors:
(i) the total number of applicants for initial tax credit certificates under this section in each calendar year;
(ii) the number of applications for which initial tax credit certificates were issued in each calendar year; and
(iii) the total initial tax credit certificates authorized under this section for all calendar years under this section.		 N N Y