HB0005
Community Development - Maryland New Markets Development Program - Establishment
Establishing the Maryland New Markets Development Program; requiring the Department of Housing and Community Development to administer the Program; authorizing a credit against the State insurance premium receipts tax and certain State insurance retaliatory taxes, fees, charges, and penalties for certain equity investments in certain community development entities; authorizing the Department to recapture a credit under certain circumstances; limiting the credit amounts that may be issued to $18,750,000 for any taxable year; etc.
Basic Information
- Status
- Chaptered
- Session
- 2026 Regular Session
- Type
- Unknown
- Cross-filed
- SB0372
Links
- State Link
- View on State Website
- LegiScan URL
- View on LegiScan
Upcoming Events
Hearing
February 12, 2026
at 13:00
📍 Economic Matters
Hearing - Economic Matters Committee
Sponsors
Fair
Patterson