<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 24.05.03.03" title_num="24" subtitle_num="05" chapter_num="03" heading="Applications for Certificate of Eligibility for Tax Credit.">
  <paragraph num="A.">
    <text>Biotechnology Investment Incentive Tax Credit Application. To claim eligibility for a tax credit and to be initially certified as eligible for a tax credit, an applicant shall submit to the Department, not less than 30 days before making an investment in a qualified Maryland biotechnology company, an application on a form approved by the Department.</text>
  </paragraph>
  <paragraph num="B.">
    <text>An applicant may not file an application earlier than June 1 of the State fiscal year immediately preceding the State fiscal year in which the applicant intends to make the investment and claim eligibility for a tax credit.</text>
  </paragraph>
  <paragraph num="C.">
    <text>Each application shall include the following:</text>
    <paragraph num="(1)">
      <text>The legal name of the applicant;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The street address of the principal place of business of the applicant, or the street addresses of the principals of the applicant, and the applicant’s email address and telephone number;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Except in the case of an individual applicant, the business mailing address, telephone number, and email address of an individual with authority to act on behalf of the applicant;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>The federal employer identification number of the applicant or, if the applicant is an individual, the Social Security number of the applicant; and</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Any other information required or requested by the Department.</text>
    </paragraph>
  </paragraph>
</regulation>