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 $1 million—when they invest in Maryland companies developing emergent technologies. It applies only to investors who meet size and eligibility rules and to companies that receive Department of Commerce approval. The credit is intended to spur early‑stage financing and grow Maryland’s high‑tech sector.

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

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