With Sine Die falling at midnight, the 2016 Maryland General Assembly session is in the books. While this year’s session didn’t have the drama that ridesharing regulations created in 2015, bills to help tech and innovation were still on the docket.
The Greater Baltimore Committee (GBC) flagged a handful throughout the session, and here’s how they fared:
1. Angel Investor Tax Credit:
- Did Not Pass
The final push was around tax relief, but not the kind that would help investors and startups. The end of the Annapolis session passed without action on bills that would create an Angel Investor Tax Credit in Maryland. It’s the second straight year that the tech community brought numbers to committee hearings, and the second straight year the bills failed to pass. The bill would’ve created a fund of at least $5 million to dole out 50 percent tax credits to early stage investors. It’s the GBC’s signature bill. Will they try again next year?
Read more at Technical.ly Baltimore
The post How 4 tech-related bills fared in the 2016 Maryland General Assembly session appeared first on Baltimore Tech.
from http://baltimoretech.org/news/how-4-tech-related-bills-fared-in-the-2016-maryland-general-assembly-session/
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