Income Tax – Credit for Cybersecurity Measures Undertaken by Small Businesses
Sponsor: April Rose (District 5)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 3/09 at 2:30 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
Authorizing a credit against the State income tax for a certain small business that employs 50 or fewer employees for costs incurred by the small business during the taxable year for certain cybersecurity measures undertaken by the small business; and making the credit refundable.
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Testimony (5)
MGA witness listFAV 5Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Fry, Donald | Greater Baltimore Committee | Written (PDF) |
| FAV | Delegate Rose, Delegate Roselegislator | Individual | Oral |
| FAV | Hill, Allison | Individual | Written (PDF) |
| FAV | Rose, Delegate | Individual | Written (PDF) |
| FAV | Tomlin, Zach | Individual | Written (PDF) |