MD SB310 | 2018 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 12-4)
Status: Introduced on January 22 2018 - 25% progression, died in committee
Action: 2018-02-21 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2018 - 25% progression, died in committee
Action: 2018-02-21 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a subtraction modification under the State income tax for certain capital gain income realized on the disposition of an investment in a certain cybersecurity company; authorizing certain buyers of certain technology to claim a credit against the State income tax equal to 50% of certain costs incurred to purchase certain technology; requiring the Secretary of Commerce to approve certain applications for the credits; applying the Act to taxable years beginning after December 31, 2017; etc.
Title
CyberMaryland Act of 2018
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-21 | Senate | Hearing 2/21 at 1:00 p.m. |
| 2018-01-22 | Senate | First Reading Budget and Taxation |
Subjects
Commerce, Department of
Committees and Commissions
Comptroller
Cybersecurity
Exemptions
Income Tax
Investments
Public Corporations and Instrumentalities
Reports
Rules and Regulations
Tax Credits
Taxes - Income
Telecommunications and Information Technology
Committees and Commissions
Comptroller
Cybersecurity
Exemptions
Income Tax
Investments
Public Corporations and Instrumentalities
Reports
Rules and Regulations
Tax Credits
Taxes - Income
Telecommunications and Information Technology
