Regulation .01 Purpose.
Regulation .01 Purpose.LinkCopy Citation
This chapter describes the:
A.
Requirements for a taxpayer to receive a certificate allowing it to claim a credit against the State income tax for Maryland qualified cellulosic ethanol research and development expenses; and
B.
Procedures that will be used by the Department of Commerce to:
(1)
Receive, review, evaluate, and approve or disapprove applications for tax credits; and
(2)
Issue tax credit certificates.