HB0400

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 a certain time period; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing the Biotechnology Investment Incentive Grant Program Fund; requiring the Governor to include an appropriation of $10,000,000 in the annual budget bill for the Fund; etc.

Basic Information

Status
Chaptered
Session
2026 Regular Session
Type
Unknown
Cross-filed
SB0247

Links

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Upcoming Events

Hearing
February 12, 2026 at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee

Sponsors

Chang