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2026 Regular Session

HB690

Corporate Income Tax - Rate Reduction (Economic Competitiveness Act of 2026)

Decreasing, over 4 taxable years, the State corporate income tax rate from 8.25% to 6.25%.

Current disposition
Pending: House Ways and Means
Last status date
February 3, 2026
Last status update
Hearing 2/19 at 1:00 p.m.
Pending committee
Ways and Means
Author
Wayne Hartman
Co-sponsors
Christopher AdamsKevin AndersonSteven ArentzLauren ArikanTerry BakerBarry BeauchampJason BuckelBrian ChisholmBarrie CilibertiRobin GrammerMichael GriffithKevin HornbergerJay JacobsNino MangioneRic MetzgarApril Fleming MillerTodd MorganLaToya NkongoloJesse PippyTeresa ReillyApril RoseStuart SchmidtJoshua StonkoKathy SzeligaChris TomlinsonWilliam Valentine

Legislative progress

i

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.

Introduced in House February 2, 2026
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Committee referrals

Instrument history

i

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.

  1. House Hearing 2/19 at 1:00 p.m.
  2. House First Reading Ways and Means
Source provenance
LegiScan bill ID
2103257
LegiScan session ID
2240
Source file
var/states/maryland/source/legiscan/2240-842f860f45b5/bill/HB690.json
Package observed
2026-07-17T02:49:46+00:00