Legislation - SB0826

Title: Income Tax – Angel Investor Tax Credit for Investments in Emergent Technology
Sponsored by: Senator Hester
Status: In the Senate - Hearing 3/04 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a credit against the State income tax for 25% of an investment made in qualified Maryland companies up $1,000,000; providing that investments in companies engaging in certain emergent technology may qualify for the tax credit subject to certain requirements; providing that a qualified investor shall make an investment in a qualified Maryland company within a certain amount of time after the Department issues an initial tax credit certificate; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB1128

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 Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Angel Investor Tax Credit for Investments in Emergent Technology Proceedings
Chamber Senate Calendar Date 2/13/2026 Legislative Date 2/13/2026 Action Hearing 3/04 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/06/2026	2/06/2026	First Reading Budget and Taxation
			Text - First - Income Tax – Angel Investor Tax Credit for Investments in Emergent Technology
Senate	2/13/2026	2/13/2026	Hearing 3/04 at 1:00 p.m.

File Code

Subjects

Statutes