Maryland Code, Economic Development § 6-305

(a) The provisions of this section do not apply to a tax credit claimed by a small business under § 6-303(b)(2) of this subtitle.

(b) If, during any of the 3 years after the credit year, the number of qualified positions of the qualified business entity falls more than 5% below the average number of qualified positions that existed during the credit year on which the credit was computed, the credit shall be recaptured as follows:

(c) If, during any of the 3 years after the credit year, the average number of qualified positions falls below the applicable threshold number of positions required under § 6-303(b)(1) of this subtitle, all credits earned shall be recaptured.

(d) During the 3 taxable years after the credit year, a qualified business entity shall provide any information required by the Department in regulation to verify that the qualified business entity is not subject to subsection (b) or (c) of this section.