<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".01" citation="COMAR 24.05.12.01" title_num="24" subtitle_num="05" chapter_num="12" heading="Purpose.">
  <text>This chapter describes the:</text>
  <paragraph num="A.">
    <text>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</text>
  </paragraph>
  <paragraph num="B.">
    <text>Procedures that will be used by the Department of Commerce to:</text>
    <paragraph num="(1)">
      <text>Receive, review, evaluate, and approve or disapprove applications for tax credits; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Issue tax credit certificates.</text>
    </paragraph>
  </paragraph>
</regulation>