Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program
State of MarylandMarylandConverting the Biotechnology Investment Incentive Tax Credit to be the Biotechnology Investment Incentive Grant Program in the Department of Commerce; requiring the Department to disburse a grant within 90 days of determining that the investment has been made; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing a Biotechnology Investment Incentive Grant Program Fund; authorizing the Governor to include $10,000,000 in the annual budget bill for the Fund; etc.
- Status
- Engrossed
- Passed its first chamber
- Status date
- Feb 17, 2026
- 268 days ago
- Current chamber
- House of Delegates
- Session
- 2026 Regular Session
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Bill details
- Last action
- Third Reading Passed (111-20) · Apr 13, 2026
Sponsors
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Bill history
Newest first.
Show 6 earlier actions
Recorded votes
Subjects
- Taxes - Income
- Economic Development
- Appropriations
- Biotechnology
- Budgets
- Commerce, Department of
- Comptroller
- Governor
- Grants
- Investments
- Revenue and Taxes
- Tax Credits
- Treasurers
- Commerce and Business
- Enterprise Zones
- Exemptions
- Reports
- Rules and Regulations
- Time
- Applicants and Applications
- Intergovernmental Cooperation
- kinship
- Minority Business Enterprises
- Public Corporations and Instrumentalities
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Bill data from LegiScan, licensed under CC BY 4.0.