Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses
Sponsor: April Rose (District 5)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/20 at 1:00 p.m. (as of Dec 1, 2025)
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; making the credit refundable; and applying the Act to all taxable years beginning after December 31, 2024.
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Testimony (0)
MGA witness listFAV 6Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Bogdan, Henrylobbyist | Maryland Nonprofits | Written (PDF) |
| FAV | Levine, Brianlobbyist | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Tomlin, Zachary | Tomlin Technology, Inc. | Oral + Written (PDF) |
| FAV | Delegate Rose, Delegate Roselegislator | Individual | Oral |
| FAV | Vetter, Drew | Individual | Written (PDF) |
| FAV | durkin, margaretlobbyist | Individual | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce