2026 Regular Session
HB5
Community Development - Maryland New Markets Development Program - Establishment
Earlier-session bill · introduced 2025
Establishing the Maryland New Markets Development Program; requiring the Department of Housing and Community Development to administer the Program; authorizing a credit against the State insurance premium receipts tax and certain State insurance retaliatory taxes, fees, charges, and penalties for certain equity investments in certain community development entities; authorizing the Department to recapture a credit under certain circumstances; limiting the credit amounts that may be issued to $18,750,000 for any taxable year; etc.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Committee referrals
January 14, 2026 · House
Economic Matters
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House Hearing 2/12 at 1:00 p.m. (Economic Matters) and Hearing canceled (Ways and Means)
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House Hearing 2/12 at 1:00 p.m. (Economic Matters) and Hearing 2/05 at 1:00 p.m. (Ways and Means)
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House Hearing 2/12 at 1:00 p.m. (Economic Matters)
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House First Reading Economic Matters and Ways and Means
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House Pre-filed