Income Tax – Cybersecurity Technology and Service Tax Credit – Alterations
Sponsor: Chair, Ways and Means CommitteeCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 1/29 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
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.
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Testimony (10)
MGA witness listFAV 9FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Levin, Shawn | Avid Practice, Inc. | Oral |
| FAV | Cornish, Tasha | Cybersecurity Association, Inc. | Oral |
| FAV | Coker, Harry | Maryland Department of Commerce | Oral + Written (PDF) |
| FAV | LaHatte, Jennifer | Maryland Department of Commerce | Oral |
| FAV | Schulz, Kelly | Maryland Tech Council | Oral |
| FAV | Levine, Brianlobbyist | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Chair, Ways and Means Committee, Chair, Ways and Means Committee | Individual | Oral |
| FAV | Fiastro, Johnlobbyist | Individual | Oral |
| FAV | Vetter, Drew | Individual | Written (PDF) |
| UNF | Hawkins, Giavante | MSATP | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVFiastro, JohnRegistered for: Amazon.com Services, LLC; Bayview Management LLC; Bricklayers and Allied Craftworkers Local 1 MD, VA & DC; Building Decarbonization Coalition; Carbon Solutions Group; Cybersecurity Association of Maryland, Inc.…