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SB25Introduced in the Senate

Income Tax - Cybersecurity Technology and Service Tax Credit - Alterations

EngrossedHouse Ways and Means

Introduced by Budget and Taxation

What does this bill do?

Plain-English breakdown

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Official description

Establishing the Buy Maryland Cybersecurity Tax Credit; providing the purpose of the credit is to promote the cybersecurity industry in the State by helping Maryland businesses and nonprofits purchase cybersecurity technologies and services from Maryland companies; altering eligibility for the credit; altering the aggregate amount of credits that may be issued for certain cybersecurity purchases from $200,000 to $1,000,000; prohibiting the Department from approving a credit for a taxable year beginning after December 31, 2030; etc.

Where it stands

Hearing 3/24 at 1:00 p.m.

March 16, 2026

How did lawmakers vote?

SenateStage: Third Reading Passed · February 17, 2026

41

Yes

0

No

6

Absent or Not Voting

47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

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See how each senator voted

Bill history

  1. Pre-filed

  2. First Reading Budget and Taxation

  3. Hearing 1/21 at 10:00 a.m.

  4. Favorable with Amendments Report by Budget and Taxation

  5. Favorable with Amendments {473021/1 Adopted

  6. Second Reading Passed with Amendments

  7. Third Reading Passed (41-0)

  8. Referred Ways and Means

  9. Hearing 3/24 at 1:00 p.m.

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