MD SB247 | 2026 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 9)
Status: Engrossed on February 17 2026 - 50% progression, died in chamber
Action: 2026-04-13 - Third Reading Passed (111-20)
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 17 2026 - 50% progression, died in chamber
Action: 2026-04-13 - Third Reading Passed (111-20)
Text: Latest bill text (Engrossed) [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 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.
Title
Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program
Sponsors
Roll Calls
2026-04-13 - House - Third Reading Passed (Y: 111 N: 20 NV: 9 Abs: 1) [PASS]
2026-04-13 - House - Floor Amendment 833327/1 (Delegate Fisher) Rejected (Y: 35 N: 98 NV: 7 Abs: 1) [FAIL]
2026-04-13 - House - Floor Amendment 533723/1 (Delegate Fisher) Rejected (Y: 35 N: 95 NV: 10 Abs: 1) [FAIL]
2026-02-17 - Senate - Third Reading Passed (Y: 42 N: 0 NV: 2 Abs: 3) [PASS]
2026-04-13 - House - Floor Amendment 833327/1 (Delegate Fisher) Rejected (Y: 35 N: 98 NV: 7 Abs: 1) [FAIL]
2026-04-13 - House - Floor Amendment 533723/1 (Delegate Fisher) Rejected (Y: 35 N: 95 NV: 10 Abs: 1) [FAIL]
2026-02-17 - Senate - Third Reading Passed (Y: 42 N: 0 NV: 2 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-04-13 | House | Third Reading Passed (111-20) |
| 2026-04-13 | House | Floor Amendment {833327/1 (Delegate Fisher) Rejected (35-98) |
| 2026-04-13 | House | Floor Amendment {533723/1 (Delegate Fisher) Rejected (35-95) |
| 2026-04-13 | House | Second Reading Passed with Amendments |
| 2026-04-13 | House | Favorable with Amendments {453527/1 Adopted |
| 2026-04-11 | House | Favorable with Amendments Report by Ways and Means |
| 2026-03-16 | House | Hearing 3/24 at 1:00 p.m. |
| 2026-02-18 | House | Referred Ways and Means |
| 2026-02-17 | Senate | Third Reading Passed (42-0) |
| 2026-02-12 | Senate | Second Reading Passed with Amendments |
| 2026-02-12 | Senate | Favorable with Amendments {663126/1 Adopted |
| 2026-02-11 | Senate | Favorable with Amendments Report by Budget and Taxation |
| 2026-01-22 | Senate | Hearing 2/03 at 2:00 p.m. |
| 2026-01-16 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB400 (Crossfiled) 2026-01-22 - Hearing 2/12 at 1:00 p.m.
Subjects
Applicants and Applications
Appropriations
Biotechnology
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Economic Development
Enterprise Zones
Exemptions
Governor
Grants
Intergovernmental Cooperation
Investments
kinship
Minority Business Enterprises
Public Corporations and Instrumentalities
Reports
Revenue and Taxes
Rules and Regulations
Tax Credits
Taxes - Income
Time
Treasurers
Appropriations
Biotechnology
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Economic Development
Enterprise Zones
Exemptions
Governor
Grants
Intergovernmental Cooperation
Investments
kinship
Minority Business Enterprises
Public Corporations and Instrumentalities
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 |
