MD HB400 | 2026 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 22 2026 - 25% progression, died in committee
Action: 2026-01-22 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2026 - 25% progression, died in committee
Action: 2026-01-22 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Converting 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 a certain time period; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing the Biotechnology Investment Incentive Grant Program Fund; requiring the Governor to include an appropriation of $10,000,000 in the annual budget bill for the Fund; etc.
Title
Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program
Sponsors
| Del. Mark Chang [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2026-01-22 | House | Hearing 2/12 at 1:00 p.m. |
| 2026-01-22 | House | First Reading Ways and Means |
Same As/Similar To
SB247 (Crossfiled) 2026-04-13 - Third Reading Passed (111-20)
Subjects
Appropriations
Biotechnology
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Economic Development
Enterprise Zones
Exemptions
Governor
Grants
Investments
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Time
Treasurers
Biotechnology
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Economic Development
Enterprise Zones
Exemptions
Governor
Grants
Investments
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Time
Treasurers
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Economic Development | 5 | 109 | (n/a) | See Bill Text |
| Economic Development | 5 | 2701 | (n/a) | See Bill Text |
| Economic Development | 5 | 2702 | (n/a) | See Bill Text |
| Economic Development | 5 | 2703 | (n/a) | See Bill Text |
| Economic Development | 5 | 2704 | (n/a) | See Bill Text |
| Economic Development | 5 | 2705 | (n/a) | See Bill Text |
| Economic Development | 5 | 2706 | (n/a) | See Bill Text |
| Economic Development | 5 | 2707 | (n/a) | See Bill Text |
| Economic Development | 5 | 2708 | (n/a) | See Bill Text |
| Economic Development | 5 | 2709 | (n/a) | See Bill Text |
| Economic Development | 6 | 1001 | (n/a) | See Bill Text |
| Economic Development | 6 | 1006 | (n/a) | See Bill Text |
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
| Tax - General | 10 | 307 | (n/a) | See Bill Text |
| Tax - General | 10 | 725 | (n/a) | See Bill Text |
| Tax - General | 10 | 804 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0400?ys=2026RS |
| Text | https://mgaleg.maryland.gov/2026RS/bills/hb/hb0400f.pdf |
