§ 10-757. Automated external defibrillators purchased for use at restaurant
West's Annotated Code of MarylandTax-GeneralEffective: July 1, 2023
Effective: July 1, 2023
MD Code, Tax - General, § 10-757
§ 10-757. Automated external defibrillators purchased for use at restaurant
(a) In this section, ”automated external defibrillator” means a medical heart monitor and defibrillator device that:
(b) Subject to the limitations of this section, an individual or a business entity that owns a restaurant in the State may claim a credit against the State income tax in an amount equal to the first $500 of the purchase price of an automated external defibrillator purchased for use at the restaurant during the taxable year.
(c) The credit allowed under this section:
(d)(1) For any taxable year, the credit allowed under this section may not exceed the lesser of:
Credits
Added by Acts 2023, c. 306, § 1, eff. July 1, 2023; Acts 2023, c. 307, § 1, eff. July 1, 2023.
MD Code, Tax - General, § 10-757, MD TAX GENERAL § 10-757
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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