General Description. The Program tax credits described in the Act authorizing the Program are credits against taxes: For certain insurance companies, under Article 48A, §634, Annotated Code of Maryland, or Insurance Article, §6-105, (effective October 1, 1997) Annotated Code of Maryland; For certain financial institutions against the financial institution franchise tax, under Tax-General Article, §8-214, Annotated Code of Maryland; For certain public service companies against the public service franchise tax, under Tax-General Article, §8-411, Annotated Code of Maryland; For certain corporations against income tax under Tax-General Article, §10-704.4, Annotated Code of Maryland; and For individuals against income tax under Tax-General Article, §10-704.6, Annotated Code of Maryland. Disclaimer of Liability. The Department makes no representation, and accepts no responsibility, as to any tax or other consequences to a business entity, an individual, or any other party, arising out of the approval of a project, the allocation of credits, or the certification of a contribution.