Income Tax – Angel Investor Tax Credit for Investments in Emergent Technology

Summary

The bill lets qualifying investors claim a credit equal to 25 % of their cash investment—up to a $1 million limit—when they put money into Maryland companies developing emergent technologies. It targets individual and non‑tax‑favored investors, requires an application and certification process, and sets up a reserve fund to manage the credits. The goal is to spur early‑stage growth in high‑tech sectors and attract new capital to the state.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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