# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 12 — Cellulosic Ethanol Technology Research and Development Tax Credit

#### Regulation .01 Purpose.

*COMAR 24.05.12.01*

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.