Legislation
- Title
- CyberMaryland Act of 2018
- Sponsored by
- The President (By Request - Administration) and Senators Bates, Cassilly, Eckardt, Edwards, Hershey, Jennings, Klausmeier, Mathias, Middleton, Norman, Ready, Reilly, Salling, Serafini, and Simonaire
- Status
- In the Senate - Hearing 2/21 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the State income tax for certain capital gain income realized on the disposition of an investment in a certain cybersecurity company; authorizing certain buyers of certain technology to claim a credit against the State income tax equal to 50% of certain costs incurred to purchase certain technology; requiring the Secretary of Commerce to approve certain applications for the credits; applying the Act to taxable years beginning after December 31, 2017; etc.
Committees
Details
Cross-filed with: HB0364
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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(
10-207, 10-733.1 )
Last Updated: 2/3/2020 2:34 PM