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]

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.

Tracking Information

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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]

History

DateChamberAction
2026-04-13HouseThird Reading Passed (111-20)
2026-04-13HouseFloor Amendment {833327/1 (Delegate Fisher) Rejected (35-98)
2026-04-13HouseFloor Amendment {533723/1 (Delegate Fisher) Rejected (35-95)
2026-04-13HouseSecond Reading Passed with Amendments
2026-04-13HouseFavorable with Amendments {453527/1 Adopted
2026-04-11HouseFavorable with Amendments Report by Ways and Means
2026-03-16HouseHearing 3/24 at 1:00 p.m.
2026-02-18HouseReferred Ways and Means
2026-02-17SenateThird Reading Passed (42-0)
2026-02-12SenateSecond Reading Passed with Amendments
2026-02-12SenateFavorable with Amendments {663126/1 Adopted
2026-02-11SenateFavorable with Amendments Report by Budget and Taxation
2026-01-22SenateHearing 2/03 at 2:00 p.m.
2026-01-16SenateFirst Reading Budget and Taxation

Same As/Similar To

HB400 (Crossfiled) 2026-01-22 - Hearing 2/12 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development5109(n/a)See Bill Text
Economic Development52701(n/a)See Bill Text
Economic Development52702(n/a)See Bill Text
Economic Development52703(n/a)See Bill Text
Economic Development52704(n/a)See Bill Text
Economic Development52705(n/a)See Bill Text
Economic Development52706(n/a)See Bill Text
Economic Development52707(n/a)See Bill Text
Economic Development52708(n/a)See Bill Text
Economic Development52709(n/a)See Bill Text
Economic Development61001(n/a)See Bill Text
Economic Development61006(n/a)See Bill Text
Tax - General10207(n/a)See Bill Text
Tax - General10307(n/a)See Bill Text
Tax - General10725(n/a)See Bill Text
Tax - General10804(n/a)See Bill Text

Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0247?ys=2026RS
Texthttps://mgaleg.maryland.gov/2026RS/bills/sb/sb0247f.pdf
Texthttps://mgaleg.maryland.gov/2026RS/bills/sb/sb0247t.pdf
Amendmenthttps://mgaleg.maryland.gov/2026RS/amds/bil_0007/sb0247_66312601.pdf
Amendmenthttps://mgaleg.maryland.gov/2026RS/amds/bil_0007/sb0247_45352701.pdf
Amendmenthttps://mgaleg.maryland.gov/2026RS/amds/bil_0007/sb0247_53372301.pdf
Amendmenthttps://mgaleg.maryland.gov/2026RS/amds/bil_0007/sb0247_83332701.pdf
Supplementhttps://mgaleg.maryland.gov/2026RS/votes_comm/sb0247_b&t.pdf
Supplementhttps://mgaleg.maryland.gov/2026RS/votes_comm/sb0247_w&m.pdf
Roll Callhttps://mgaleg.maryland.gov/2026RS/votes/Senate/0137.pdf
Roll Callhttps://mgaleg.maryland.gov/2026RS/votes/House/1693.pdf
Roll Callhttps://mgaleg.maryland.gov/2026RS/votes/House/1694.pdf
Roll Callhttps://mgaleg.maryland.gov/2026RS/votes/House/1695.pdf

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