Legislation
- Title
- CyberMaryland Act of 2018
- Sponsored by
- The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Aumann, Beitzel, Buckel, Carozza, Cassilly, Ciliberti, Clark, Corderman, Flanagan, Folden, Ghrist, Glass, Hornberger, S. Howard, Impallaria, Jacobs, Kipke, Kittleman, Krebs, Long, Malone, Mautz, McComas, McConkey, McDonough, McKay, Metzgar, Miele, Otto, Reilly, Rose, Saab, Shoemaker, Szeliga, Vogt, West, and Wivell
- Status
- In the House - 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
- Original:
- Ways and Means
Details
Cross-filed with: SB0310
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor
(
10-207, 10-733.1 )
Last Updated: 2/3/2020 2:29 PM