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HB1256

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Income Tax - Angel Investor Tax Credit
Sponsored by
Delegates Nkongolo, Buckel, Hornberger, Hutchinson, Jacobs, Miller, T. Morgan, Reilly, and Schmidt
Status
In the House - First Reading Ways and Means
Analysis
Synopsis
Allowing a credit against the State income tax for 33% of an investment made in qualified Maryland companies, not to exceed $250,000 except in certain counties; requiring the Department of Commerce to maintain an online portal providing information about the credit and managing applications for the credit; providing that a qualified investor shall make an investment in a qualified Maryland company within 30 calendar days after the Department issues an initial tax credit certificate; etc.
Committees
Original:
Ways and Means
Details
Bill File Type: Regular
Effective Date(s): July 1, 2026
Bill imposes a mandated appropriation in the annual State Budget Bill
History
Legislation History
Chamber
House
Calendar Date
2/12/2026
Legislative Date
2/12/2026
Action
First Reading Ways and Means
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/12/2026 2/12/2026 First Reading Ways and Means
File Code
Subjects
Statutes
Last Updated: 2/12/2026 12:20 AM
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