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MD SB197
MD SB197Four-Day Workweek Pilot Program and Income Tax Credit - Established (Four-Day Workweek Act of 2023)
summary
Introduced
01/20/2023
01/20/2023
In Committee
01/20/2023
01/20/2023
Crossed Over
Passed
Dead
04/10/2023
04/10/2023
Introduced Session
2023 Regular Session
Bill Summary
AN ACT concerning Four-Day Workweek Pilot Program and Income Tax Credit - Established (Four-Day Workweek Act of 2023) FOR the purpose of establishing the Four-Day Workweek Pilot Program in the Maryland Department of Labor for the purpose of promoting, incentivizing, and supporting the experimentation and study of the use of a 4-day workweek by private and public employers; requiring governmental units that institute 4-day workweeks to provide information requested by the Department; allowing certain qualifying employers who participate in the Program to claim a certain credit against the State income tax; and generally relating to the Four-Day Workweek Pilot Program. BY repealing and reenacting, without amendments, Article - Labor and Employment Section 1-101(a) and (c) Annotated Code of Maryland (2016 Replacement Volume and 2022 Supplement) BY adding to Article - Labor and Employment Section 3-1801 through 3-1805 to be under the new subtitle “Subtitle 18. Four-Day Workweek Pilot Program and Tax Credit” Annotated Code of Maryland (2016 Replacement Volume and 2022 Supplement) BY adding to Article - Tax - General Section 10-757 Annotated Code of Maryland (2022 Replacement Volume)
AI Summary
This bill establishes the Four-Day Workweek Pilot Program in the Maryland Department of Labor. The program aims to promote, incentivize, and support the experimentation and study of a 4-day workweek by private and public employers in the state. Qualifying employers who participate in the program for at least one year and submit a report on their transition to a 4-day workweek may be eligible to receive a tax credit against the state income tax. The program is funded with annual appropriations of $250,000 from the Governor's budget and will remain in effect for five years, ending on June 30, 2028.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Withdrawn by Sponsor (on 03/08/2023)
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0197?ys=2023RS |
| Vote Image | https://mgaleg.maryland.gov/2023RS/votes_comm/sb0197_fin.pdf |
| BillText | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0197f.pdf |
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