HB1256Introduced in the House of Delegates
Income Tax - Angel Investor Tax Credit
Introduced by LaToya Nkongolo, District 31
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Hearing 3/05 at 1:00 p.m.
February 12, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
First Reading Ways and Means
Hearing 3/05 at 1:00 p.m.
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