MD HB1210 | 2024 | Regular Session
Note: Carry Over of previous HB936
Status
Spectrum: Moderate Partisan Bill (Republican 14-3)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-08 - Hearing 2/29 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-08 - Hearing 2/29 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing a credit against the State income tax for a certain small business that employs 50 or fewer employees for costs incurred by the small business during the taxable year for certain cybersecurity measures undertaken by the small business; making the credit refundable; and applying the Act to all taxable years beginning after December 31, 2023.
Title
Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-08 | House | Hearing 2/29 at 1:00 p.m. |
| 2024-02-08 | House | First Reading Ways and Means |
Same As/Similar To
HB936 (Carry Over) 2023-02-10 - Hearing 3/02 at 1:00 p.m.
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 758 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1210?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1210f.pdf |
