Corporate Income Tax - Rate Reduction (Economic Competitiveness Act of 2026)
Sponsor: Wayne A. Hartman (District 38C)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/19 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Decreasing, over 4 taxable years, the State corporate income tax rate from 8.25% to 6.25%.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (16)
MGA witness listFAV 13FavorableUNF 2UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Rose, Angela | Harford County Chamber of Commerce | Written (PDF) |
| FAV | Griffin, Andrewlobbyist | Howard County Chamber of Commerce | Written (PDF) |
| FAV | Wiggins, Grasonlobbyist | Maryland Chamber of Commerce | Written (PDF) |
| FAV | Price, Sarahlobbyist | Maryland Retailers Alliance | Written (PDF) |
| FAV | Levine, Brianlobbyist | Montgomery County Chamber of Commerce | Written (PDF) |
| FAV | Jones, Susan | Ocean City Hotel-Motel-Restaurant Association | Written (PDF) |
| FAV | Snow, Ryanlobbyist | R&R Solutions | Written (PDF) |
| FAV | Chambers, william | Salisbury Area Chamber of Commerce | Written (PDF) |
| FAV | RASMUSSEN, DENNISlobbyist | The Rasmussen Group LLC | Written (PDF) |
| FAV | Bagwell, Ashlielobbyist | Individual | Written (PDF) |
| FAV | Delegate Hartman, Delegate Hartmanlegislator | Individual | Oral |
| FAV | O'Halloran, Mike | Individual | Written (PDF) |
| FAV | Vetter, Drew | Individual | Written (PDF) |
| UNF | Hawkins, Giavante | MSATP | Written (PDF) |
| UNF | Schumitz, Kalilobbyist | Maryland Center on Economic Policy | Written (PDF) |
| INFO | Phillips, Dana | Department of Budget and Management | Written (PDF) |
Organizations on record
MSATPUNF 1
R&R SolutionsFAV 1
Registered lobbyists who testified
FAVGriffin, AndrewHoward County Chamber of CommerceRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce…
FAVWiggins, GrasonMaryland Chamber of CommerceRegistered for: Maryland Chamber of Commerce; United Way of Central Maryland, Inc.; Madison Marquette Property Investments LLC; Maryland Automobile Insurance Fund; Family Tree, The; OVG Facilities…
FAVPrice, SarahMaryland Retailers AllianceRegistered for: Maryland Retailers Alliance; Maryland Retailers Association
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVSnow, RyanR&R SolutionsRegistered for: Araminta USA; Dorchester County, Maryland; For All Seasons; Maryland Farm Bureau; Talbot Watermen's Association; Tetrus Corp.…
FAVRASMUSSEN, DENNISThe Rasmussen Group LLCRegistered for: Baltimore Children's Museum, Inc. dba Port Discovery Children's Museum; Chesapeake Renewable Energy, LLC; Chesapeake Ventures Development, LLC; Greater Ocean City Maryland Chamber of Commerce, Inc.; HarborRock Holdings, LLC; Maryland Mortgage Bankers & Brokers Association (MMBBA)…
FAVBagwell, AshlieRegistered for: AbbVie Inc.; Aligned Data Centers; American Academy of Anesthesiology Assistants, Inc.; Atmosphere Data Centers LLC; Baltimore Civic Fund, Inc.; Beltway Fine Wine…
UNFSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy