Legislation

Title: Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension
Sponsored by: The President (By Request - Administration) and Senators Bates, Cassilly, Eckardt, Edwards, Ferguson, Hough, Manno, Mathias, Norman, Ready, Rosapepe, Salling, and Serafini
Status: In the House - Hearing 3/29 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

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; altering the definition of "company" to include an entity that becomes duly organized and existing under specified laws and for the purpose of conducting business for profit within a specified time period; and extending the termination date of the credit.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0378

Bill File Type: Regular

Effective Date(s): June 1, 2017

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 1/20/2017 Legislative Date 1/20/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension Proceedings
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/22 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2017 Legislative Date 3/13/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/14/2017 Legislative Date 3/14/2017 Action Favorable with Amendments {589234/1 Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2017 Legislative Date 3/14/2017 Action Second Reading Passed with Amendments Proceedings 43 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension Proceedings
Chamber Senate Calendar Date 3/16/2017 Legislative Date 3/16/2017 Action Third Reading Passed (46-0) Proceedings 45 Click to view Recorded Media
Chamber House Calendar Date 3/16/2017 Legislative Date 3/13/2017 Action Referred Ways and Means Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/20/2017 Legislative Date 3/20/2017 Action Hearing 3/29 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/20/2017	1/20/2017	First Reading Budget and Taxation
			Text - First - Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension
Senate	2/01/2017	2/01/2017	Hearing 2/22 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/13/2017	3/13/2017	Favorable with Amendments Report by Budget and Taxation
Senate	3/14/2017	3/14/2017	Favorable with Amendments {589234/1 Adopted	43 Click to view Recorded Media
Senate	3/14/2017	3/14/2017	Second Reading Passed with Amendments	43 Click to view Recorded Media
			Text - Third - Cybersecurity Investment Incentive Tax Credit - Eligibility and Sunset Extension
Senate	3/16/2017	3/16/2017	Third Reading Passed (46-0)	45 Click to view Recorded Media
House	3/16/2017	3/13/2017	Referred Ways and Means	47 Click to view Recorded Media
House	3/20/2017	3/20/2017	Hearing 3/29 at 1:00 p.m.

File Code

Subjects

Statutes