HB400Introduced in the House of Delegates
Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program
Introduced by Mark Chang, District 32
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
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 a certain time period; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing the Biotechnology Investment Incentive Grant Program Fund; requiring the Governor to include an appropriation of $10,000,000 in the annual budget bill for the Fund; etc.
Where it stands
Hearing 2/12 at 1:00 p.m.
January 22, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
First Reading Ways and Means
Hearing 2/12 at 1:00 p.m.
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