SB0025
Income Tax - Cybersecurity Technology and Service Tax Credit - Alterations
Establishing the Buy Maryland Cybersecurity Tax Credit; providing the purpose of the credit is to promote the cybersecurity industry in the State by helping Maryland businesses and nonprofits purchase cybersecurity technologies and services from Maryland companies; altering eligibility for the credit; altering the aggregate amount of credits that may be issued for certain cybersecurity purchases from $200,000 to $1,000,000; prohibiting the Department from approving a credit for a taxable year beginning after December 31, 2030; etc.
Basic Information
- Status
- Chaptered
- Session
- 2026 Regular Session
- Type
- Unknown
- Cross-filed
- HB0290
Links
- State Link
- View on State Website
- LegiScan URL
- View on LegiScan
Upcoming Events
Hearing
March 24, 2026
at 13:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee
Hearing
January 21, 2026
at 10:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee
Sponsors
Augustine
Commerce
Hettleman
Zucker
Departmental
King
Lewis Young
Chair, Budget and Taxation Committee
McCray
Rosapepe