STATE BILLMD SB 440PASSED

Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

State of Maryland

Limiting the excess amount of tax credit certificates to $20,000,000 that the Department of Commerce may carry forward and issue in subsequent taxable years for a credit against the State income tax for certain costs related to certain theatrical productions in the State; prohibiting the Secretary from issuing tax credit certificates for credit amounts totaling more than $20,000,000 in the aggregate for a single theatrical production; and extending the termination date to June 30, 2032.

Status
Passed
Signed or otherwise enacted
Status date
Apr 14, 2026
212 days ago
Current chamber
Senate
Session
2026 Regular Session
MD SB 440 · PassedApr 14

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Bill details

Last action
Approved by the Governor - Chapter 19 · Apr 14, 2026

Sponsors

GGGuy GuzzoneSenator · Democrat · SD-013Primary sponsor
JBJack BaileySenator · Republican · SD-029
PCPaul CordermanSenator · Republican · SD-002
SHShelly HettlemanSenator · Democrat · SD-011
NKNancy KingSenator · Democrat · SD-039
CMCory McCraySenator · Democrat · SD-045
JSJohnny SallingSenator · Republican · SD-006

Bill history

Newest first.

Apr 14, 2026Approved by the Governor - Chapter 19Senate
Apr 8, 2026Passed EnrolledSenate
Apr 8, 2026Third Reading Passed (42-1)Senate
Apr 8, 2026Senate Concurs House AmendmentsSenate
Apr 7, 2026Third Reading Passed (119-17)House
Apr 3, 2026Second Reading Passed with AmendmentsHouse
Apr 3, 2026Favorable with Amendments {193924/1 AdoptedHouse
Apr 2, 2026Favorable with Amendments Report by Ways and MeansHouse
Show 10 earlier actions
Mar 25, 2026Hearing 3/25 at 1:30 p.m.House
Mar 25, 2026Hearing canceledHouse
Mar 16, 2026Hearing 3/25 at 1:00 p.m.House
Mar 6, 2026Referred Ways and MeansHouse
Mar 5, 2026Third Reading Passed (39-1)Senate
Mar 3, 2026Second Reading Passed with AmendmentsSenate
Mar 3, 2026Favorable with Amendments {153925/1 AdoptedSenate
Mar 2, 2026Favorable with Amendments Report by Budget and TaxationSenate
Feb 3, 2026Hearing 2/11 at 2:00 p.m.Senate
Jan 30, 2026First Reading Budget and TaxationSenate

Recorded votes

Third Reading PassedMar 5, 2026 · Senate · 39 yea · 1 nayPassed
Third Reading PassedApr 7, 2026 · House · 119 yea · 17 nayPassed
Third Reading PassedApr 8, 2026 · Senate · 42 yea · 1 nayPassed

Subjects

  • Taxes - Income
  • Art, Music, and Cultural Affairs
  • Income Tax
  • Sunset
  • Tax Credits
  • Theaters
  • Commerce, Department of

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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