SB0247
Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program
Converting the Biotechnology Investment Incentive Tax Credit to be the Biotechnology Investment Incentive Grant Program in the Department of Commerce; requiring the Department to disburse a grant within 90 days of determining that the investment has been made; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing a Biotechnology Investment Incentive Grant Program Fund; authorizing the Governor to include $10,000,000 in the annual budget bill for the Fund; etc.
Basic Information
- Status
- Na
- Session
- 2026 Regular Session
- Type
- Unknown
- Cross-filed
- HB0400
Links
- State Link
- View on State Website
- LegiScan URL
- View on LegiScan
Upcoming Events
Hearing
February 03, 2026
at 14:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee
Sponsors
Guzzone
Beidle
Lewis Young
Rosapepe
Zucker
Hettleman
McCray
King
Augustine