{"data":{"id":"us-md/md.-code-economic-development-6-404","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 6–404","heading":"","body":"A refund payable to a qualified business entity under § 6–403(e) of this subtitle reduces:\n(1) the income tax revenue from corporations if the qualified business entity is a corporation subject to the income tax under Title 10 of the Tax – General Article;\n(2) the income tax revenue from individuals if the qualified business entity is:\n(i) an individual subject to the income tax under Title 10 of the Tax – General Article; or\n(ii) an organization exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code; and\n(3) insurance premium tax revenues if the qualified business entity is subject to taxation under Title 6 of the Insurance Article.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=6-404","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"afc621871a506ffb2cee1cf5f5411621e7a4f967045469b6af98d51185a24660","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-6-403","next":"us-md/md.-code-economic-development-6-405"},"notice":"GroundRules: Original legal text. Not legal advice."}