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Sunday, May 10, 2026

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MD · HB1256In committee

Income Tax - Angel Investor Tax Credit

Where it is in the process
Plain-English Summary

Allowing a credit against the State income tax for 33% of an investment made in qualified Maryland companies, not to exceed $250,000 except in certain counties; requiring the Department of Commerce to maintain an online portal providing information about the credit and managing applications for the credit; providing that a qualified investor shall make an investment in a qualified Maryland company within 30 calendar days after the Department issues an initial tax credit certificate; etc.

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