Maryland House Bill 290: Income Tax – Cybersecurity Technology and Service Tax Credit – Alterations

Maryland · 2026 Regular Session

What it does

Establishing the Buy Maryland Cybersecurity Tax Credit; stating the purpose of the credit is to promote the cybersecurity industry in the State by helping Maryland businesses and nonprofits purchase cybersecurity technology services from Maryland companies; altering eligibility for the credit; increasing from $200,000 to $1,000,000 the aggregate amount of credits that may be issued for certain cybersecurity purchases; making the credit refundable; etc.

Latest action

Hearing 1/29 at 1:00 p.m. (2026-01-16)

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