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SB 440

EnactedCrossfile HB 472
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Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Sponsor: Guy Guzzone (District 13)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Approved by the Governor - Chapter 19 (as of Sep 4, 2026)

What this bill does

Official synopsis

Limiting the excess amount of tax credit certificates to $20,000,000 that the Department of Commerce may carry forward and issue in subsequent taxable years for a credit against the State income tax for certain costs related to certain theatrical productions in the State; prohibiting the Secretary from issuing tax credit certificates for credit amounts totaling more than $20,000,000 in the aggregate for a single theatrical production; and extending the termination date to June 30, 2032.

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Testimony (18)

MGA witness list
FAV 15FavorableUNF 2UnfavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVPlaine, MaryAFM Local 40-543Written (PDF)
FAVMixter, MichaelBaltimore IATSE Local #19- StagehandsWritten (PDF)
FAVMixter, MichaelBaltimore IATSE Local #19- StagehandsWritten (PDF)
FAVRowles, AngelaCrossroads Live North AmericaWritten (PDF)
FAVDews, ChristopherlobbyistDews & AssociatesPosition only
FAVMahan, ChristopherFrance-Merrick Performing Arts CenterWritten (PDF)
FAVMahan, ChristopherFrance-Merrick Performing Arts CenterWritten (PDF)
FAVEdwards, DonnaMaryland State & District of Columbia AFL-CIOWritten (PDF)
FAVVander Ploeg, GregoryNETworks Presentations, LLCWritten (PDF)
FAVHarting, MartalobbyistVenableOral + Written (PDF)
FAVKaplowitz, Richard KAPYearWritten (PDF)
FAVKaplowitz, Richard KAPYearWritten (PDF)
FAVDaudelin, KeithIndividualWritten (PDF)
FAVSenator Guzzone, Senator GuzzonelegislatorIndividualOral
FAVSenator Guzzone, Senator GuzzonelegislatorIndividualOral
UNFMauer, WilliamIndividualPosition only
UNFRosa, RichardIndividualPosition only
INFOLaHatte, JenniferMaryland Department of CommerceWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVDews, ChristopherDews & AssociatesRegistered for: Advance Maryland Education Fund; Beyond Impact; Center for Urban Families; Dews & Associates; Out for Justice, Inc.; REFORM Alliance
FAVHarting, MartaVenableRegistered for: Abbott Laboratories; Annie E. Casey Foundation, Inc., The; Asurion Insurance Services, Inc.; Baltimore Community Foundation; Baltimore Gas and Electric Company; Baltimore Public Markets Corporation