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SB 25

Maryland Senate bill in Session 2026.

Status: passed_upper. Latest action: April 17, 2026.

Income Tax - Cybersecurity Technology and Service Tax Credit - Alterations.

Bill ID MD-2026-SB-25
Session 2026
Status passed_upper
Committee Budget and Taxation; Ways and Means
Senate passed_upper 2026-04-17
Privacy / Data / Technology Tax / Budget / Appropriations
Summary

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.

Sponsor
Chair, Budget and Taxation Committee
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Status passed_upper
2026-01-14 Introduced Bill introduced
2026-04-17 Latest Action In the House - Hearing 3/24 at 1:00 p.m.
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Same Topic Bills From Other States
HB 5638
Relating to the requirements of the state’s cyber security program and responsibilities and authority of the state chief information security officer
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