Maryland House of Delegates bill in Session 2026.
Status: introduced. Latest action: June 15, 2026.
Community Development - Maryland New Markets Development Program - Establishment.
Establishing the Maryland New Markets Development Program; requiring the Department of Housing and Community Development to administer the Program; authorizing a credit against the State insurance premium receipts tax and certain State insurance retaliatory taxes, fees, charges, and penalties for certain equity investments in certain community development entities; authorizing the Department to recapture a credit under certain circumstances; limiting the credit amounts that may be issued to $18,750,000 for any taxable year; etc.
| Date | Event | Detail |
|---|---|---|
| 2026-01-14 | Introduced | Bill introduced |
| 2026-01-14 | Status | introduced |
| 2026-06-15 | Latest Action | In the House - Hearing 2/12 at 1:00 p.m. (Economic Matters) and Hearing canceled (Ways and Means) |