HB0378

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension

Sponsored by:

Speaker

Status:

In the House - Hearing 2/22 at 1:00 p.m.


Synopsis:Altering the eligibility criteria under the cybersecurity investment incentive tax credit to provide the credit to a specified qualified investor in a specified qualified Maryland cybersecurity company rather than providing the credit to the company; and extending the termination date of the credit from June 30, 2019, to June 30, 2023.
Analysis:Fiscal and Policy Note
All Sponsors:The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Aumann, Beitzel, Buckel, Carozza, Cassilly, Ciliberti, Clark, Cluster, Flanagan, Folden, Grammer, Hornberger, Jacobs, Kipke, Kittleman, Krebs, Long, Malone, Mautz, McComas, McConkey, McKay, Metzgar, Miele, Otto, Reilly, Rose, Saab, Shoemaker, Simonaire, Szeliga, Vogt, West, B. Wilson, and Wivell
Additional Facts:Cross-filed with: SB0318
Bill File Type: Regular
Effective Date(s): June 1, 2017
By Request of the Governor
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Cybersecurity -see also- Safety
Sunset
Tax Credits
Statutes:Article - Tax - General
(10-733)
Article - Chapter of the Acts
(2013)

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October 24, 2017 9:07 A.M.