MD SB160 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 113
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 113
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the Cybersecurity Investment Incentive Tax Credit program in the Department of Commerce to be the Innovation Investment Incentive Tax Credit program; providing that the purpose of the program is to foster the growth of Maryland's technology sectors; expanding the tax credit to include investments in certain technology companies; prohibiting the Department from certifying eligibility for tax credits for investments in a single technology sector in excess of 25% of a certain amount in any fiscal year; etc.
Title
Economic Development - Cybersecurity Investment Incentive Tax Credit Program - Expansion, Extension, and Study
Sponsors
Roll Calls
2021-04-08 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 2 Abs: 0) [PASS]
2021-04-06 - House - Third Reading Passed (Y: 99 N: 36 NV: 1 Abs: 5) [PASS]
2021-02-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2021-04-06 - House - Third Reading Passed (Y: 99 N: 36 NV: 1 Abs: 5) [PASS]
2021-02-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-13 | Senate | Approved by the Governor - Chapter 113 |
| 2021-04-08 | Senate | Passed Enrolled |
| 2021-04-08 | Senate | Third Reading Passed (45-0) |
| 2021-04-08 | Senate | Senate Concurs House Amendments |
| 2021-04-06 | House | Third Reading Passed (99-36) |
| 2021-04-05 | House | Second Reading Passed with Amendments |
| 2021-04-05 | House | Favorable with Amendments {305063/1 Adopted |
| 2021-04-05 | House | Favorable with Amendments Report by Ways and Means |
| 2021-03-01 | House | Hearing 3/25 at 1:30 p.m. |
| 2021-02-18 | House | Referred Ways and Means |
| 2021-02-16 | Senate | Third Reading Passed (46-0) |
| 2021-02-10 | Senate | Second Reading Passed |
| 2021-02-10 | Senate | Favorable Adopted |
| 2021-02-10 | Senate | Favorable Report by Budget and Taxation |
| 2021-01-11 | Senate | Hearing 1/27 at 1:00 p.m. |
| 2021-01-13 | Senate | First Reading Budget and Taxation |
| 2020-10-22 | Senate | Pre-filed |
Subjects
Commerce and Business
Commerce, Department of
Committees and Commissions
Cybersecurity
Economic and Community Development
Industry and Technology
Investments
Labor, Department of
Sunset
Tax Credits
Time
Commerce, Department of
Committees and Commissions
Cybersecurity
Economic and Community Development
Industry and Technology
Investments
Labor, Department of
Sunset
Tax Credits
Time
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Chapter of the Acts | 2013 | (n/a) | See Bill Text | |
| Chapter of the Acts | 2018 | (n/a) | See Bill Text | |
| Economic Development | 5 | 109 | (n/a) | See Bill Text |
| State Finance and Procurement | 6 | 226 | (n/a) | See Bill Text |
| Tax - General | 1 | 303 | (n/a) | See Bill Text |
| Tax - General | 10 | 733 | (n/a) | See Bill Text |
