<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 24.05.24.03" title_num="24" subtitle_num="05" chapter_num="24" heading="Notification Required.">
  <text>A business entity shall notify the Department in writing of its intent to seek certification for a tax credit before:</text>
  <paragraph num="A.">
    <text>Hiring any qualified employees to fill the 25 qualified positions necessary to satisfy the employment threshold required to qualify for the tax credit; and</text>
  </paragraph>
  <paragraph num="B.">
    <text>Incurring any costs or expenses for which it intends to take a tax credit.</text>
  </paragraph>
</regulation>