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2026 Regular Session

SB247

Biotechnology Investment Incentive Tax Credit - Conversion to Grant Program

Converting the Biotechnology Investment Incentive Tax Credit to be the Biotechnology Investment Incentive Grant Program in the Department of Commerce; requiring the Department to disburse a grant within 90 days of determining that the investment has been made; allowing a subtraction modification under the Maryland income tax for certain grants received during the taxable year; establishing a Biotechnology Investment Incentive Grant Program Fund; authorizing the Governor to include $10,000,000 in the annual budget bill for the Fund; 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.

Introduced in Senate January 16, 2026 Senate passed February 17, 2026 House passed April 13, 2026

Recorded floor votes

4 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.

February 17, 2026 · Senate

Third Reading Passed

Passed ⭐ Substantive final action

42 yea–0 nay · 2 not voting · 3 absent

View roll call

April 13, 2026 · House

Floor Amendment 533723/1 (Delegate Fisher) Rejected

Failed

35 yea–95 nay · 10 not voting · 1 absent

View roll call

April 13, 2026 · House

Floor Amendment 833327/1 (Delegate Fisher) Rejected

Failed

35 yea–98 nay · 7 not voting · 1 absent

View roll call

April 13, 2026 · House

Third Reading Passed

Passed ⭐ Substantive final action

111 yea–20 nay · 9 not voting · 1 absent

View roll call

Committee referrals

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.

  1. House Third Reading Passed (111-20)
  2. House Floor Amendment {833327/1 (Delegate Fisher) Rejected (35-98)
  3. House Floor Amendment {533723/1 (Delegate Fisher) Rejected (35-95)
  4. House Second Reading Passed with Amendments
  5. House Favorable with Amendments {453527/1 Adopted
  6. House Favorable with Amendments Report by Ways and Means
  7. House Hearing 3/24 at 1:00 p.m.
  8. House Referred Ways and Means
  9. Senate Third Reading Passed (42-0) View roll call
  10. Senate Second Reading Passed with Amendments
  11. Senate Favorable with Amendments {663126/1 Adopted
  12. Senate Favorable with Amendments Report by Budget and Taxation
  13. Senate Hearing 2/03 at 2:00 p.m.
  14. Senate First Reading Budget and Taxation
Source provenance